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Why debit is denoted by dr ? |
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Answer» Debt is non-recoverable money by our debtor and debtors have dr. balance that\'s why we note Dr. For debt also As I too was having that same doubt...I checked out the.s grewal double enty...book it says that there is no specified reasonfor it...as credit is cr so debit is denoted as Dr..that\'s it.... |
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