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

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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

6 May 2020 05:59

Hello! In accounting DR means "debit" :)

6 Mayıs 2020

It means that you're overdrawn i.e. you owe the bank that amount of money.

6 Mayıs 2020

Ann

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