revenue account

revenue account
revenue account revenue account account1

* * *

revenue account UK US noun [C] ACCOUNTING
also UK profit-and-loss account) the part of a company's financial results showing details of income and expenses (= costs) for a particular period: »

The principal repayments of loans raised were taken off the balance sheet and put through the revenue account.

one of a company's accounts showing details of money coming in from a particular activity: »

The city is leading a campaign to end the ring-fencing of councils' housing revenue accounts.

Financial and business terms. 2012.

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