How come "dr." means "debit"? Where does "r" come from? Thank you!
1 Answer
See https://www.jstor.org/stable/40697913
Originally debits were associated with an individual who had a debt, that is a "debtor".
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Interesting - when I did accounting at college, half a lifetime ago, I was told it was for 'draft'. Apr 22 at 9:21