Abbreviation of Credit is Cr, it seems logical but the abbreviation of debit is Dr. why ?

أفضل جواب: Both cards can be used in making purchases instead of using physical cash as payment. But when you make a ... الإطلاع على المزيد

أفضل جواب: this like buying any assets and should be has depreciation and the recording will be debit / car credit / ... الإطلاع على المزيد

أفضل جواب: Journal Entry for Dr Merchandise and Cr Accounts Payable الإطلاع على المزيد

أفضل جواب: <p>In bookkeeping under General Accepted Accounting Principles (GAAP), debit and credit refer to ty ... الإطلاع على المزيد