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.
Sales. Sales are purchases of the company's goods or services by customers. For companies using accrual accounting, this includes both cash payments and payments made on account. The sales account, otherwise known as the revenue account, is found at the top of the company's income statement. However, at the end of every account period the sales account is closed to equity as part of the closing process. Therefore, the aggregation of sales over the company's history is found in the equity accounts.