Updated with the latest developments in the accounting and hospitality fields, Hospitality Financial Accounting, Second edition covers the basics of financial accounting and then walks you through analyzing financial statements and dealing with the daily issues you’ll face on the job.

In this Second Edition, the authors have provided engaging new coverage and features that includes:

• new case studies
• an expanded section on ethics
• new “Accounting in Action” vignettes
• applied exercises
• new coverage of casinos, spas, and purveyors

Contents

1. Hospitality Accounting in Action
2. Accounting Principles
3. The Recording Process
4. Adjusting the Accounts
5. Completing the Accounting Cycle
6. Financial Statements
7. Financial Statement Analysis
8. Accounting for Merchandising Operations in Hospitality
9. Inventories and Cost of Goods Calculation
10. Internal Control and Cash
11. Payroll
12. Accounting for Receivables and Payables
13. Long-term and Intangible Assets
14. Sole Proprietorships, Partnerships, and Corporations

Appendices
Index

Also available:
Hospitality Financial Accounting Working Papers, 2nd edition

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