Are revenue accounts increased by credits? 1.68K viewsAccounting0 Nagle 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 AnswerActiveVotedNewestOldest 0 Jones Posted 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. You are viewing 1 out of 1 answers, click here to view all answers. Register or Login Search for:
