If the chart of accounts uses 400s for Revenue, which of the following is a Revenue account?

• A. Cash
• B. Accounts Payable
• C. Wages Expense
• D. Sales Revenue

Answer: (D)

When the chart of accounts assigns 400s to Revenue, that numbering signals which accounts record income that the business earns. A revenue account tracks money coming in from selling goods or services, and it sits on the revenue side of the income statement. It is increased with a credit, such as when a sale is made (you would debit Cash or Accounts Receivable and credit the revenue account).

Sales Revenue matches this purpose exactly: it records the income from sales. The other options don’t fit the revenue category: Cash is an asset, Accounts Payable is a liability, and Wages Expense is an expense. So Sales Revenue is the correct revenue account.