What is mean of Dr and Cr?

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1042555

2026-03-24 11:50

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In accounting, "Dr" stands for "debit," which is an entry that increases an asset or expense or decreases a liability or equity. Conversely, "Cr" stands for "credit," which increases a liability or equity or decreases an asset or expense. Together, debits and credits are used to maintain the accounting equation and ensure that financial statements are balanced.

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