Which of the following statements about revenues is correct? Multiple choice question. Revenues cause equity to decrease, and they are increased on the right side of their T-account. Revenues cause equity to increase, and they are increased on the left side of the T-account. Revenues cause equity to increase, and they are increased on the right side of the T-account. Revenues cause equity to increase, and they are reported on the left side of the accounting equation. Need help? Review these concep