Abbreviations used in bookkeeping

by Administrator on Wednesday, January 13, 2010
 
  • A/C - Account
  • A/R - Accounts Receivable
  • A/P - Accounts Payable
  • B/S - Balance Sheet
  • c/d - Carried down
  • b/d - Brought down
  • c/f - Carried forward
  • b/f - Brought forward
  • Dr - Debit
  • Cr - Credit
  • G/L - General Ledger; (or N/L - Nominal Ledger)
  • P&L - Profit & Loss; (or I/S - Income Statement)
  • PP&E - Property, Plant and Equipment
  • TB - Trial Balance
  • VAT - Value Added Tax
  • TDS - Tax Deducted at Source
  • MAT - Minimum Alternate Tax
  • EBIDTA - Earnings before Interest, Depreciation, Taxes and Amortisation.
  • EBDTA - Earnings before Depreciation, Taxes and Amortisation.
  • EBT - Earnings before Taxes.
  • EAT - Earnings after Tax.