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.
Chart of accounts and account types. A chart of accounts is a tool that categorizes financial transactions. Account types include income, expenses, liabilities, equity, and assets. For example: By default, Buildium's chart of accounts includes such accounts as accounts payable, application fee income, and owner draw. I added Pet Deposit Liability to my chart of accounts, and it was so easy!