In accounting if a figure is credited to the profit and loss a/c, is it...

[Jimmy_830]

...income or an expense? or if its debited visa versa

[Erick]

It is an expense.

Normally you debit the expense accounts and credit the income accounts (throughout the year, as you do business). At the end of the period (financial year) you close both income and expense accounts to the profit and loss account. In this process you credit the expenses and you debit the income (you do the OPPOSITE of what you've been doing during the year). The difference is profit or loss for the period. The profit would have a credit balance (which you can take to retained earnings or pay dividends). Alternatively, you can end up with a loss (recorded on the debit side of the account).

[georgygirl]

any figure credited to an account must be income ( regardless of how it was obtained)
Debit is taking out of the account, so it must be an expense or drawings ( paying yourself)