1 However most companies/businesses give their revenue account a more specific name like: fees earned, service revenue, etc. 2  Interest Revenue: is used to record the interest earned by the business.  Rent Revenue: is the revenue from buildings or equipment of the business on rent.
http://accountingexplained.com/financial/introduction/revenue
Learn about how to differentiate between liability accounts and expense accounts, and see why accounts payable is considered ... Read Answer >>. Understand the difference between accrual accounting, an accounting method, and accounts payable, which is a ledger entry ...
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Accounts receivable is a common account used by company accountants to track revenue earned but not yet collected. It is a balance of money owed to the business by buyers who make purchases on account and agree to pay later.
http://smallbusiness.chron.com/functions-accounts-receivable-52476.html
Read Answer >>. Find out how accounts payable is listed on a company's balance sheet, why it is considered a current liability, and how it ... Read Answer >>. See how accounts payable is treated on the balance sheet, and why it is considered an expense and liability rather than revenue ... Read Answer >>. Find out why the general ledger accounts payable is considered to be a current liability, not a current asset, and how it ... Read Answer >>.
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1 Revenue/Sales/Fees: These accounts are used interchangeably to record the main revenue amounts. However most companies/businesses give their revenue account a more specific name like: fees earned, service revenue, etc.  Interest Revenue: is used to record the interest earned by the business.
http://accountingexplained.com/financial/introduction/revenue
Following are the common revenue accounts: 1  Revenue/Sales/Fees: These accounts are used interchangeably to record the main revenue amounts. 2  Interest Revenue: is used to record the interest earned by the business.  Rent Revenue: is the revenue from buildings or equipment of the business on rent.
http://accountingexplained.com/financial/introduction/revenue
Are accounts payable counted as revenue? In financial accounting, revenue entries are made in the general ledger whenever a business receives, or expects to receive, money from an outside source. Examples of revenue sources include sales, fees, commissions and investment returns. Accounts payable is used to keep track of expected cash outflows, not inflows, and is therefore not counted towards business revenue. Rather, accounts payable keeps track of credit expenses as they are incurred.
http://www.investopedia.com/ask/answers/030515/are-accounts-payable-counted-revenue.asp
Revenue is the total amount received by a business or recognized as earned when the business sells something, usually services and goods. In modern accountancy, revenue is recorded when it is earned not when the cash is received from customers.
http://accountingexplained.com/financial/introduction/revenue
Take an in-depth look at accounts payable, or trade payable, an important current liability account listed on a company's ... Read Answer >>. Find out why the general ledger accounts payable is considered to be a current liability, not a current asset, and how it ...
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Following accounts are called contra revenue accounts because they have exactly opposite characteristics of revenue accounts. Sales Returns: Sometimes goods are retuned by the customers for some defect or due to some other reason. These are recorded in sales returns account which is a contra sales account.
http://accountingexplained.com/financial/introduction/revenue
what accounts are considered revenue accounts
Fees earned, or service revenue are considered revenue accounts. Fees earned and Service revenue are the accounts that are considered as Revenue Accounts. Fees earned and service revenue are considered revenue accounts. Fees earned and service revenue accounts are considered as revenue accounts.