Question

what is difference between Dr. and Cr. in accounting​

Answer 1

Answer:

Dr. means debit and Cr. means Credit

Explanation:

According to Golden Rule :

Nominal A/c

Debit means Expenses

Credit means Income

Real A/C

Debit means what comes in

Credit means what goes out..

Personal A/C

Debit the Receiver

Credit the Giver...

hope it is helpful for you....