We all see them but do you actually know what the following accounting abbreviations mean ?

• A/C                  Account
• Acc                   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 and loss; (or I/S – income statement)
• P/R                 Payroll
• PP&E             Property, plant and equipment
• TB                  Trial Balance
• GST                Goods and services tax
• CST                Central sale tax
• TDS                Tax deducted at source
• AMT               Alternate minimum tax
• EBITDA        Earnings before interest, taxes, depreciation and amortisation
• EBDTA         Earnings before depreciation, taxes and amortisation
• EBT               Earnings before tax
• EAT               Earnings after tax
• PAT               Profit after tax
• PBT               Profit before tax
• Depr             Depreciation
• Dep               Depreciation
• CPO              Cash paid out