Types of Accounts in Oracle Applications

[NEERAJ11]

Hi,

Can someone please explain about the types of accounts use in Oracle Apps. I know some account, Revenue Account, Expense Account. But don't much about them.

It will be of great help if someone can explain about them more.

Thanks

[shivender_pathway]

there r five types of accounts 1)revenue 2)income 3)assets 4)liability 5)owner ship acconts

[kusumakumari]

5 types of accounts available 1) Asset 2)Expense 3)Liability 4)OwenerShip/Stockholders Equity & 5)Revenue