Are expenses a debit or credit?

1 answer

Answer

1062069

2026-03-18 16:05

+ Follow

Expenses are typically recorded as debits in accounting. When an expense is incurred, it increases the expense account, which is a debit entry. This reflects a decrease in equity, as expenses reduce net income. In contrast, revenues are recorded as credits.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.