Definition of inhospitable for English Language Learners. : 1  not generous and friendly to guests or visitors. : 2  having an environment where plants, animals, or people cannot live or grow easily. : 3  not ready or willing to accept or consider something.
Revenue Accounts. Revenues are the assets earned by a company's operations and business activities. In other words, revenues include the cash or receivables received by a company for the sale of its goods or services. The revenue account is an equity account with a credit balance.
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.