A text for financial accounting in the hospitality industry, with examples covering all areas of the industry. Early chapters introduce branches of accounting and forms of business organization, and explain accounting for business transactions, the accounting cycle, and income statements. Later chapters cover cash, receivables, bonds, investments, and financial statements. Pedagogical features include key terms, review questions, problems, and reviews quizes. This second edition adds new problems. The authors are affiliated with Michigan State University and Central Michigan University. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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