This introductory accounting textbook accentuates the interrelationship between business principles and accounting. Information presented is based on the most recent uniform systems of accounting for hotels and restaurants. It uses computerized general ledger accounting as the basis for processing financial data. The text also contains several introductory managerial accounting chapters. This edition includes new information on the role of accounting in successful business decision making, fair value accounting, feasibility studies, and buying a franchise. Two new chapters cover depreciation and amortization and business math for hospitality managers.
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Accounting: A Management Resource
Business Formation: Important Decisions
Survey of Financial Statements
Exploring the Balance Sheet
Exploring the Income Statement
The Bookkeeping Process
Computerized Accounting System: An Introduction
Computerized Accounting Cycle: A Demonstration
Restaurant Accounting and Financial Analysis
Hotel Accounting and Financial Analysis
Depreciation and Amortization Methods
How to Analyze Hospitality Financial Statements
Annual Report to Shareholders
Credit and Debit Cards
Introduction to Budgeting and Forecasting
Internal Control of Cash
Business Math Topics for Hospitality Managers