one question dr mean debit cr mean credit but cr full form
credit but dr full form debit that mean debit not word dr
what the answer

Answer Posted / tejas

DR is not an abbreviation of Debit, just as CR is not an abbreviation of Credit. DR and CR are abbreviations of latin words, debit in latin is 'depere' (meaning 'to owe') and credit is 'credere' (meaning 'to believe')

Is This Answer Correct ?    19 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is operational risk and market risk in basel 2 norms.

1603


What is 100% EOu? what is the benifit and what is difficulty of it?

1686


i want report country wise with invoice number for gl account

1756


Is interest of a business unit Operating Expense or Non Operating Expense

1488


What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

1685






payroll calculation procedure explain completely?

2056


if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

1426


HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

1563


WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

1672


in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule

2102


the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.

1544


While selling fertilisers can we charge VAT on excise duty.

1589


sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..

1566


Short Answer on _____________Accident Insurance

1345


How to enter PO in SAP

1462