Hospitality Industry Financial Accounting (AHLEI) / Edition 3

Hospitality Industry Financial Accounting (AHLEI) / Edition 3

by Raymond S. Schmidgall, James W. Damitio Ph.D, CMA, . . American Hotel & Lodging Educational Institute
     
 

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ISBN-10: 0133097285

ISBN-13: 9780133097283

Pub. Date: 06/13/2012

Publisher: Educational Institute

This textbook presents basic financial accounting concepts and shows your students how they apply to the hospitality industry. This revised edition incorporates the most recent formats, information, and schedules from the newly-published Uniform Systems of Accounts for the Lodging Industry, Tenth Revised Edition. Each chapter also includes five new

Overview

This textbook presents basic financial accounting concepts and shows your students how they apply to the hospitality industry. This revised edition incorporates the most recent formats, information, and schedules from the newly-published Uniform Systems of Accounts for the Lodging Industry, Tenth Revised Edition. Each chapter also includes five new problems to give students practice using accounting information.

Students will learn:

  • The responsibilities of a hospitality property's accounting department
  • Advantages and drawbacks of various types of income statements
  • The role of inventory in calculating profit

Product Details

ISBN-13:
9780133097283
Publisher:
Educational Institute
Publication date:
06/13/2012
Edition description:
Older Edition
Pages:
568
Sales rank:
364,144
Product dimensions:
8.80(w) x 7.00(h) x 1.20(d)

Table of Contents

Introduction to Accounting

Accounting for Business Transactions

Accounting Adjustments

Completing the Accounting Cycle

Income Statement; Balance Sheet

Specialized Journals and Subsidiary Ledgers

Cash

Receivables and Payables

Inventory

Property, Equipment, and Other Assets

Current Liabilities and Payroll

Partnerships

Corporate Accounting

Bonds, Leases, and Mortgages Payable

Investments in Corporate Securities

Statement of Cash Flows

Analysis and Interpretation of Financial Statements

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