The following accounts are examples of revenues
Fees earned
Service revenue
Sales
Sales, commissions, professional fees, rent revenue, and interest revenue are a few examples of revenue accounts. Equity is constantly raised through revenues.
Your funds are arranged according to the chart of accounts into five categories: assets, liabilities, equity, revenue, and costs.
Do receivables from customers qualify as revenue? Receivables is an asset account rather than a revenue account. Contrarily, when using accrual accounting, revenue is recorded at the same time as an account receivable.
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