A type of account that shows a company's income from the sale of its goods and services as well as the expenses associated with the sales of those items.
Related information about revenue account:
- What is revenue account? definition and meaning
Definition of revenue account: US term for the account showing the inflow of money from sale of goods or services and the costs and expenses chargeable ...
- Revenue - Wikipedia, the free encyclopedia
... on an income statement. Revenue account names describe the type of revenue, such as "Repair service revenue", "Rent revenue earned" or "Sales".
- Basic Accounting - Revenues and Expenses | AccountingCoach.com
... that has just been performed but has not yet been recorded, the account to be credited is a revenue account such as Service Revenues or Fees Earned.
- What is a contra revenue account? | AccountingCoach.com Q&A
A contra revenue account might be described as a revenue account that is expected to have a debit balance instead of the usual credit balance. (Its balance is.
- Instructions for Application for Louisiana Revenue Account Number ...
Instructions for Application for Louisiana Revenue. Account Number. Note: Corporations that are already registered with the Louisiana Secretary of State ( except ...
- Revenue Definition | Types | Accounts List | Financial Accounting
However most companies/businesses give their revenue account a more specific name like: fees earned, service revenue, etc. Interest Revenue: is used to ...
- Revenue account - Merriam-Webster Online
revenue account. About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page. revenue account. noun. Definition of REVENUE ...
- Revenue accounts and Capital accounts
The Sales account goes into the IS, so it is a Revenue account. Sally is a customer, and a debtor. Her account records assets we hold (IOU due to us).