Interested to Buy Any Domain ? << Click Here >> for more details...
What is the full from of DR and CR ?
- 19 Answers
- 52145 Views
- Adani, Adani Wilmar, I also Faced
- E-Mail Answers
Answer Posted / sagar bandarkar
DR- Debit
CR- Credit
Debit & Credit both are effects of a transaction. Every
transaction has two effect.
It is based on Neowton's low of gravity.
The word debit derived from latin word Debito & the word
Credit derived from the latin word Credito.
In each transaction DR = CR.
Father of accounts LUCA DE PACIOLI an italian mathematician
preached the same rule.
| Is This Answer Correct ? | 39 Yes | 13 No |
Post New Answer View All Answers
what is undisclosed profit? explain
With a 600 credit score, how to improve my credit rating score?
Difference between nonoperating expentiture and non cash expenditure
Expand--------OTA
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
Give a brief explanation of the fundamental accounting concept of prudence
In case of new admission of partner what will be the adjustment for the sharing ratios
WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
What exactly balance sheet depicts
What is the basic difference between pledge, hypothication and mortgage????
What exactly is derivatives segment. can u explain futures and options with examples...
distinquish between liquidity ratio and asset management ratio
Expand-------NAST
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
EXPAND______________IARCS
