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What does DR and CR mean on a bank statement 2024?

Zoe Reed | 2023-05-07 09:05:29 | page views:1190
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Ethan Hall

Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
When applying the double-entry bookkeeping system to a financial transaction that involves the Cash at Bank account of a business, you would enter an amount as DR (debit) if the financial transaction increased the amount in the Cash at Bank account and enter the amount as CR (credit) if the financial transaction ...
2023-05-15 09:05:29

Lucas Scott

QuesHub.com delivers expert answers and knowledge to you.
When applying the double-entry bookkeeping system to a financial transaction that involves the Cash at Bank account of a business, you would enter an amount as DR (debit) if the financial transaction increased the amount in the Cash at Bank account and enter the amount as CR (credit) if the financial transaction ...
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