Account DR leg and CR leg

An account DR leg and a CR leg are the two sides of an accounting transaction. The DR leg represents the debit side of the transaction, and the CR leg represents the credit side.

In double-entry accounting, every transaction must have equal debits and credits. This means that the total of all debits must equal the total of all credits.

The DR leg of an accounting transaction is typically used to record increases in assets or expenses. The CR leg of an accounting transaction is typically used to record decreases in assets or increases in liabilities or equity.

Here is an example of an accounting transaction with a DR leg and a CR leg:

Cash (Asset) - DR 100
Accounts Payable (Liability) - CR 100

This transaction represents the purchase of goods or services on credit. The DR leg of the transaction records the increase in the asset Cash. The CR leg of the transaction records the increase in the liability Accounts Payable.

Here is another example of an accounting transaction with a DR leg and a CR leg:

Rent Expense (Expense) - DR 500
Cash (Asset) - CR 500

This transaction represents the payment of rent in cash. The DR leg of the transaction records the increase in the expense Rent Expense. The CR leg of the transaction records the decrease in the asset Cash.