Tuesday, March 30, 2010

Abbreviations used in bookkeeping

§                     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
§                     CST - Central Sale 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.
§                     PAT - Profit after tax
§                     PBT - Profit before tax
§                     Dep - Depreciation

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