Why are revenues credited?

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In bookkeeping why are revenues credits ?
Posted by:
Syed umer imam
19-August-2015

Question added by Anil M P , Sr. Accountant , Apparel Production & E-Commerce Co. Kuwait
Date Posted: 2013/08/12

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1 Answers

عصام الدين حامد العبيد حامد

by عصام الدين حامد العبيد حامد , Finance Manager , Arab Academy for Specail Education

Revenues are credits because they increase owner’s equity.

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