Hi,
Kanchan from delhi

I need immidiate help on the topic of revenue and expense a/c.
Can u plzz send me the performa of these accounts.

Thanks

1) All revenue accounts are CREDITS.
2) All expense accounts are DEBITS.

There are not many revenue accounts generally.
The most prominent ones are sales in a trading organisation and fees in a service organisation.
There are usually quite a number of expense
Accounts in an organisation.
These can be classified under sub-headings.
1) trading expenses.
2) sales expenses.
3) administration and financial.