1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Korvikt [17]
2 years ago
14

Special hotel accounts for a company that has established credit with a hotel are called?

Business
1 answer:
scoray [572]2 years ago
7 0

City ledger.

<h3>What is a city ledger?</h3>
  • The collection of accounts that belong to unregistered guests is known in hotel accounting as the city ledger. Unlike the temporary ledger, which is made up of the accounts receivable for visitors who are currently registered, this is not the same thing.
  • One account payable that can be found in the city ledger is advance deposits. When a guest makes a deposit before registering, the hotel creates an account receivable to the guest for future services.
  • City ledgers often have four accounts or more. The first sort of account is set up for people and organizations using the hotel for meetings and events. Instead of the front desk, the hotel's accounting staff handles the money it receives from these guests.
  • A hotel's accounting procedure for keeping track of non-guest transactions is known as a city ledger or a house ledger. It is a group of related accounts that keeps track of a hotel's money that is not related to a transaction with an active guest.

Special hotel accounts for a company that has established credit with a hotel are called City ledger.

To learn more about the City ledger, refer to:

brainly.com/question/28149071

#SPJ4

You might be interested in
A consumer uses goods and services to
enyata [817]

its to satisfy all economic want in the community

6 0
3 years ago
Read 2 more answers
Determine fixed​ cost, F; average variable​ cost, AVC; average​ cost, AC; marginal​ cost, MC; and average​ fixed-cost, AFC. The
Rom4ik [11]

Answer:

Fixed Cost Function = Average Cost - Average Variable cost

Explanation:

A fixed cost is the one which does not changes with the level of production. These cost are irrelevant to number of units production. It is not affected by the units produced and sold. The change in fixed cost does not affect the marginal cost. The marginal cost is the variable cost that is incurred by producing one more unit. These costs are affected by the level of production.

5 0
3 years ago
For the most recent year, Camargo, Inc., had sales of $594,000, cost of goods sold of $255,330, depreciation expense of $67,900,
defon

Answer: 2.61 times

Explanation:

Times Interest ratio = Earnings before Interest and Tax / Interest

Earnings before Interest and tax = Sales - Cost of goods sold - Depreciation expenses

= 594,000 - 255,330 - 67,900

= $270,770

Net Income = Addition to retained earnings + Total dividends paid

Net income = 80,300 + ( 27,500 * 1.64)

= $125,400

Earnings before tax = Net Income/ ( 1 - T)

= 125,400/ ( 1 - 0.25)

= $167,200

Interest = Earnings before interest & tax (EBIT) - Earnings before tax (EBT)

= 270,770 - 167,200

= $103,570

Times Interest ratio = 270,770 / 103,570

= 2.61 times

5 0
3 years ago
List the different types of market structures that big data benefits the least and benefits the most.
choli [55]
The market structures that most benefit from Big Data are the competition Monopolistic, which is a type of imperfect competition such that many producers sell products in a market but the products are not identical (heterogeneous products), and they differ from each other by the brand, the quality or the location. In monopolistic competition, a firm takes the prices of its rivals as data and ignores the impact of its own prices on the prices of other companies; and Oligopoly, a market structure in which there are few relevant competitors. Each of them has a certain capacity to influence the market variables (such as price and equilibrium quantity), on the other hand, the one that benefit the least from Big Data is the monopoly, as it is a market structure where there is a single offer a certain good or service, that is, a single company dominates the entire supply market.
5 0
4 years ago
Which performance management technique initially involves the identification of a large number of critical incidents, followed b
FrozenT [24]

Answer:

A. Behaviorally Anchored Rating Scale

Explanation:

The behaviorally anchored rating scales, called BARS for short, indicates both qualitative and quantitative data to the employees appraisal process. BARS uses behavioural movements as reference rather than using the traditional generic descriptors. It identifies critical behaviours of a large group, classify these behaviors into performance dimensions and then rank these behaviors into levels of performance.

8 0
4 years ago
Other questions:
  • Daniel had been earning ​$67 per hour and working 45 hours per week. Then​ Daniel's wage changes to ​$77 per​ hour, and as a​ re
    9·1 answer
  • Swot analysis is a technique to analyze the internal and external environment of a firm. what are its advantages and disadvantag
    6·1 answer
  • If inputs increase by 30% and outputs increase by 15%, what is the percentage change in productivity? A. 88.46% increase B. 88.4
    8·1 answer
  • Which of the following statements is CORRECT? a. Most business in the U.S. is conducted by corporations, and corporations' popul
    12·1 answer
  • On January 1, 2021, Nana Company paid $100,000 for 7,500 shares of Papa Company common stock. The ownership in Papa Company is 1
    14·1 answer
  • During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as f
    6·1 answer
  • Your Boston-headquartered manufacturing company, Wruck Enterprises, obtained a 54-million-peso loan from a Mexico City bank last
    11·1 answer
  • Who is the best rapper??
    13·2 answers
  • A few years back, Dave and Jana bought a new home. They borrowed $230,415 at an annual fixed rate of 5.49% (15-year term) with m
    5·1 answer
  • What does a university professor do?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!