What is the full form of Dr. and Cr. ?
Answers were Sorted based on User's Feedback
Answer / suneel sinha
Dr.Means Debit Recivers
Cr.Means Credit Recivers
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Answer / ghulam murtaza
there are 3 theories about it,,,,,
1= Dr. and Cr. drives from the 2 German words debere and
Credere. Dr. is drived from debere and Cr. is drived from
the Credere.
2 = Dr. mean debtors and Cr. mean creditors.
3= Dr. mean Debit record,, and Cr. mean credit record.
but the most authentic theory is no.1
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / anand tiwari
Dr- DEBIT RESPONSIBLE
Cr- CREDIT RESPONSIBLE
| Is This Answer Correct ? | 0 Yes | 2 No |
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how to give the jv for the following transation eg',Our Comapny Name U2 1.cheque recd from customers of Associate Comapany (U1 Ltd):575 on U2(Our company Name).we deposited that cheque in our bank a/c. 2.U1 debited U2 for 575/- passing 1 jv like Due from U2(Our comapnY) dr 575 To collection from Customers cr 575. now how can I recognise both entries and how can i reconsile my BRS... This Receipt is not belongs to U2