RT: Correct! You may have a cookie (and bonus cookie if you know where this is from :) )
Anon: I don't think the DR has anything to do with withdrawals. My old accounting lecturer told me that DR was picked from D for debit and the R was tacked on for trivial consistency's sake.
Can't make sense of it, but the only thing I can come up with is Credit and Debit.
ReplyDeleteAny prizes for the right guess :) ?
CRedit and debit (withDRawal).
ReplyDeleteRT: Correct! You may have a cookie (and bonus cookie if you know where this is from :) )
ReplyDeleteAnon: I don't think the DR has anything to do with withdrawals. My old accounting lecturer told me that DR was picked from D for debit and the R was tacked on for trivial consistency's sake.
Now the hard part - what is their significance?
JJM