In every a/c we write Dr. and Cr. on left and right hand side of the a/c respectively but what is the full form of it ?
I certainly know that it is not Debit and Credit .
Please Reply
Harshal Fifadra (Chartered Accountant) (1489 Points)
25 September 2011In every a/c we write Dr. and Cr. on left and right hand side of the a/c respectively but what is the full form of it ?
I certainly know that it is not Debit and Credit .
Please Reply
Rahul
(Chartered Accountnat CS)
(1580 Points)
Replied 25 September 2011
Orignal derived meaning
Word from
Debit Debitum LATIN TO OWE
Credit Credere LATIN TRUST
pahuja
(C.A Final Student )
(472 Points)
Replied 25 September 2011
Hi Harshal
Full form of D.R. is Debit Record
and
Full form of C.R is Credit Record..
Thanks and Regards
Suraj Pahuja
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 25 September 2011
Originally posted by : pahuja | ||
Hi Harshal Full form of D.R. is Debit Record and Full form of C.R is Credit Record.. Thanks and Regards Suraj Pahuja |
agreed