When are actual revenues recorded in accounting?

In accounting, actual revenues are recorded as credits because they represent an increase in a company's equity. When revenue is earned, it reflects the inflow of resources, which enhances the financial position of the organization. Therefore, to accurately reflect this increase in financial reports, revenues are credited to the revenue accounts.

Accounting uses a double-entry bookkeeping system, which requires every transaction to have an equal and opposite effect in at least two accounts. In this system, when revenues are earned, they increase the retained earnings in the equity section of the balance sheet by being credited. Thus, option B is the correct choice, as it aligns with the fundamental principles of accounting relating to revenue recognition and the nature of debits and credits.

The other options do not accurately describe how revenue is tracked: revenues cannot be recorded as debits, should not be viewed as liabilities, and are specifically treated as credits rather than as either debits or credits without distinction.