There are a few different theories as to why debits are abbreviated "DR" and credits abbreviated "CR". One theory asserts that the DR and CR come from the Latin past participles of debitum and creditum which are "debere" and ... Another theory is that DR stands for "debit record" and CR stands for "credit record".
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Business Accounting and Bookkeeping question: Why is the abbreviation dr for debit in accounting instead of db? simple, dr. stands 4 'debtor' simple, dr. ...
wiki.answers.com/Q/Why_is_the_abbreviation_dr_for_debit... wiki.answers.com/Q/Why_is_the_abbreviation_dr_for_debit_in_accounting_instead_of_db
I would guess that dr and cr originally stood for debit record and credit record. No source on that though.
http://wiki.answers.com/Q/Why_is_debit_abbreviated_dr
Debit is abbreviated Dr. and Credit is abbreviated Cr. When you post (record) an entry in the left hand column of an account you are debiting that account. Whether the debit is an increase or decrease depends on the type of account.
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You might also want to show them the standard abbreviations for debit (dr.) and credit (cr.) and point out that as far as you know, this is the only wild and crazy thing about accounting - that debit is abbreviated the same way as doctor!
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Include the journal entry with accounts affected, classification of accounts, and debit or credit entry. As a class, invite a local business person to talk about the advantages and disadvantages of credit card sales, percent costs to the merchant, and the selection process in deciding whether or not to accept credit cards.
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The term debit, abbreviated dr., is used to denote left-side entries in a ledger account, and the term credit, abbreviated cr., is used to denote right-side entries. ... Although a debit entry increases expenses, it results in a decrease in Retained Earnings.
cwx.prenhall.com/bookbind/pubbooks/horngrenifa3_ca/chap... cwx.prenhall.com/bookbind/pubbooks/horngrenifa3_ca/chapter3/custom1/deluxe-content.html
Insurance quote. Credit is abbreviated Cr, while debit is abbreviated Dr. A credit changes the balance of an account. ... Credit completely fails criterion number two. For Mill, wealth insurance quote is defined as the stock of useful things.[4] Definitions in terms of wealth emphasize There are four main categories.
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How To Use and Apply The Debit and Credit Rules: ... Abbreviated Accounting Equation ... Debit is abbreviated Dr. and Credit is abbreviated Cr.
www.dwmbeancounter.com/tutorial/DrCrTChart.html www.dwmbeancounter.com/tutorial/DrCrTChart.html
Debits and credits - Wikipedia, the free encyclopedia
Debit and credit are formal bookkeeping and accounting terms. They are the most fundamental concepts in accounting, representing the two sides of each individual transaction recorded in any account...
en.wikipedia.org/wiki/Debits_and_credits