revenue account
Definition
US term for the account showing the inflow of money from sale of goods or services and the costs and expenses chargeable against it, over an accounting period. The equivalent UK term is profit and loss account.
revenue account is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
revenue account appears in the definitions of the following terms: profit and loss account, debit, non-accrual loan, normal account balance and credit
This content can be found on the following page:
http://www.businessdictionary.com/definition/revenue-account.html
email to a friend
print this definition
cite this definition
link to this page