DECODE( ) function in SQL Server
You could use the 'CASE .. WHEN .. THEN .. ELSE .. END' syntax in SQL.
If I understand the question correctly, you want the equivalent of decode but in T-SQL
Select YourFieldAliasName =CASE PC_SL_LDGR_CODE WHEN '02' THEN 'DR' ELSE 'CR'END
Just for completeness (because nobody else posted the most obvious answer):
Oracle:
DECODE(PC_SL_LDGR_CODE, '02', 'DR', 'CR')
MSSQL (2012+):
IIF(PC_SL_LDGR_CODE='02', 'DR', 'CR')
The bad news:
DECODE
with more than 4 arguments would result in an ugly IIF
cascade