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Ann
What does DR mean for finance?
For example: the balance:1,542 pounds DR. What does DR mean here? Could you please tell me the full spelling? thanks
May 6, 2020 5:59 AM
Comments · 2
1
Hello! In accounting DR means "debit" :)
May 6, 2020
It means that you're overdrawn i.e. you owe the bank that amount of money.
May 6, 2020

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