Hospitality Industry Financial Accounting presents basic financial accounting concepts and shows how they apply to the hospitality industry.

This revised edition incorporates the most recent formats, information, and schedules from the Uniform Systems of Accounts for the Lodging Industry. Each chapter also includes five new problems to give readers practice using accounting information.

Contents

1. Introduction to Accounting
2. Accounting for Business Transactions
3. Accounting Adjustments
4. Completing the Accounting Cycle
5. Income Statement
6. Balance Sheet
7. Specialized Journals and Subsidiary Ledgers
8. Cash
9. Receivable and Payables
10. Inventory
11. Property, Equipment, and Other Assets
12. Current Liabilities and Payroll
13. Partnerships
14. Corporate Accounting
15. Bonds, Leases, and Mortgages Payable
16. Investments in Corporate Securities
17. Statement of Cash Flows
18. Analysis and Interpretation of Financial Statements

Index

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