CR
Definition | : | Credit |
Category | : | Business » Accounting |
Country/Region | : | Worldwide |
Popularity | : |
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What does CR mean?
Credit (CR) is an entry recording a sum received. CR is usually listed on the right-hand side or column of a T-Account Ledger.
There are many theories regarding the origin of CR and DR for Credit and Debit:
Theory 1:
CR and DR come from the Latin past participles of “Creditum” and “Debitum” which are "Credere (to entrust)” and "Debere (to owe)”, respectively.
Theory 2:
CR stands for "Credit Record and DR stands for "Debit Record".
Theory 3:
CR is short for "Creditor" and DR is short for "Debtor".
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Frequently Asked Questions (FAQ)
What is the full form of CR in Accounting?
The full form of CR is Credit
What are the full forms of CR in Business?
Credit | Change Request | Concentration Ratio | Conversion Rate
What are the full forms of CR in Worldwide?
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