When recording transactions, what is increased by credits and decreased by debits?

Question

Assets

Expenses

Revenues

Dividends

Answer 1

In accounting, revenues are increased by credits and decreased by debits.

Here’s a brief overview of how the other categories behave:

• Assets: Increased by debits and decreased by credits.
• Expenses: Increased by debits and decreased by credits.
• Dividends: Increased by debits and decreased by credits.

So the answer to your question is Revenues.