Cryptocurrency Q&A
What does CR mean money?
What does CR mean money?
Giuseppe
Wed Nov 20 2024
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7 answers
1351
I've encountered the term 'CR' in a financial context and I'm wondering what it stands for. Does it represent a specific financial concept or metric? I'd like to know its meaning in relation to money.
7 answers
Raffaele
Fri Nov 22 2024
In accounting, specific notations are used to denote different types of transactions.
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Alessandra
Fri Nov 22 2024
CR stands for "credit" and is a fundamental concept in double-entry accounting.
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KpopStarletShineBrightnessStarlight
Fri Nov 22 2024
Credits are typically recorded on the right side of an accounting ledger.
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Bianca
Fri Nov 22 2024
DR, on the other hand, represents "debit" and is another crucial element in double-entry accounting.
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Valentina
Thu Nov 21 2024
Debits are usually recorded on the left side of an accounting ledger.
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