[GNC] [OT] Why is Debit abbreviated Dr?

[Geoff Jankowski]

Debtor = dr
Creditor = cr




Geoff 
+44 20 7100 1092
+44 7770 58 48 38
+33 5 46 97 13 89
+33 6 22 93 00 53










> On 5 Sep 2018, at 15:59, Derek Atkins <warlord at MIT.EDU> wrote:
> 
> Hi All,
> 
> I'm an Engineer by training; I've picked up a ton of accounting
> knowledge just by being involved here for the past few decades, but
> there's one thing I've seen recently that I honestly don't underdstand
> and would appreciate if a CPA or Accounting Historian could answer.
> 
> Specifically, I've seen people show a transaction as:
> 
>    Dr ...  /  Cr ...
> 
> So CR as an abbreviation for Credit makes sense to me (CRedit).  But why
> is Debit abbreviated as DR?  There is no "R" in DEBIT.  So where does
> that come from?  I would have expected it to be "Db".
> 
> Just curious.
> 
> -derek
> 
> -- 
>       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
>       Member, MIT Student Information Processing Board  (SIPB)
>       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
>       warlord at MIT.EDU                        PGP key available
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.