10-21-2004, 07:42 PM
Dear Friends
I want to share ur comments here.....If any new student in the area of accounts ask the definition of Dr & Cr..specially medical students..how should we define in easiest or precise way...
what I tell normally is
"Debit and credit records are two column for plus(+), minus(-) or (-), (+) to adjust the balances and to show normal balances.."
Suppose A/R shows $20,000 Dr and during years $15,000 CR
then plus & minus =Minus with the sign of greater no..i.e.%5,000 Dr adjusted balance
Plz comments in easy words for new students ..
Kh. Ehrar Ul Hasan
APA,ACMA,CIA(Usa),MA(Eco),CIMA(Inter),IBP-Stage-I (Only Sky is the limit.$$$.....
I want to share ur comments here.....If any new student in the area of accounts ask the definition of Dr & Cr..specially medical students..how should we define in easiest or precise way...
what I tell normally is
"Debit and credit records are two column for plus(+), minus(-) or (-), (+) to adjust the balances and to show normal balances.."
Suppose A/R shows $20,000 Dr and during years $15,000 CR
then plus & minus =Minus with the sign of greater no..i.e.%5,000 Dr adjusted balance
Plz comments in easy words for new students ..
Kh. Ehrar Ul Hasan
APA,ACMA,CIA(Usa),MA(Eco),CIMA(Inter),IBP-Stage-I (Only Sky is the limit.$$$.....
