[kanumiglani]

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

[ROLCAM]

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.