Accounting Dictionary

Credit

In the United States, if we show increases in an account by writing it on the right hand side, we call it a credit.

Revenue, Liabilities, accumulated depreciation, allowance for uncollectible accounts and Stockholders’ Equity accounts are credits.

Sign Up to Learn More!

Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!

Scroll to Top