Are revenue accounts increased by credits? 721 viewsDecember 3, 2012Accounting 0 Nagle December 2, 2012 0 Comments I don’t understand if revenue is increased by a credit or a debit. If assets are increased by debits then why revenue is increased by credits? 1 Answer ActiveVotedNewestOldest 0 Jones Posted December 2, 2012 0 Comments Revenue accounts, capital accounts and liabilities accounts are decreased by debits and increased by credits. So, yes that is correct, a revenue account will increase when credited. Register or Login Search for:
