Accountancy, asked by 100ravsingh1011, 10 months ago

why we write Dr. as debit and Cr. as credit in accounting​

Answers

Answered by priyankajaiswal34
1

Answer:

Because it is the short form of debit and credit

Answered by pintusingh41122
0

Answer:

It is the notation which is for Debit is Dr. and for Credit is Cr.

Explanation:

The reason for using the abbreviation or notation instead of writing the full Debit and Credit is that increase in the equity of shareholder of liabilities is credited to the account and noted as Cr. whereas decrease is debit and that is noted as Dr.

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