Revenue

[ommy clear]

Ivi kwanini revenue/income ina nature ya credit?

 

[Bujoro]

Mmhhhh

 

[ommy clear]

Bado hamjafika?

 

[DongoJeusi]

The reason why revenues are credited is that they represent an increase in the shareholders' equity of a business, and shareholders' equity has a natural credit balance. Thus, an increase in equity can only be caused by transactions that are credited.

 

[ommy clear]

The reason why revenues are credited is that they represent an increase in the shareholders' equity of a business, and shareholders' equity has a natural credit balance. Thus, an increase in equity can only be caused by transactions that are credited.

Thanks