Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What's DR An CR ?!

user-image
Question added by Ahmed Sami El Emam , Marketing Specialist , Alternative Education
Date Posted: 2014/05/20

I suppose this is "debits and credits (abbreviated Dr and Cr, respectively) are entries made in account ledgers to record changes in value resulting from business transactions. Generally speaking, the source account for the transaction is credited (that is, an entry is made on the right side of the account's ledger) and the destination account is debited (that is, an entry is made on the left side). Total debits must equal total credits for each transaction; individual transactions may require multiple debit and credit entries to record." (C) Wikipedia.org

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.