Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Georges Hotel has the following sales procedures: The hotel uses duplicated and pre-numbered guest checks to record customers' orders; the manager is in charge of monitoring the guest checks. She stores them in a storage container which is kept locked until she is ready to issue them to the servers. At the beginning of each shift, the manager issues the guest checks to the servers and records the amount given to each person on a blank sheet of paper. The server takes the order from the customers and records the information on the guest checks. She then presents the kitchen with one copy of the guest check for them to prepare the order and she keeps the other copy to be handed in at the end of the shift. The server informs the cashier of the order by word of mouth. In the event that there were any errors during the shift, servers are allowed to destroy the guest checks.
Required -
1. Identify three problems in the sales procedure of the Hotel, explain how they could be detrimental and suggest a control procedure that could be used to address each problem
2. Name three key personnel normally involved in a Hotel's front office accounting functions. Of the three, chose one and briefly describe their role.
Suggest one strategy in which you would prepare the financial statements for your company after the acquisition under each of the two choices.
Assuming Kyle uses the Tax Court method of allocating expenses to rental use of the property
Calculate the investment income and the ending balance in the investment account on the balance sheet for ABC Company on December using the cost method.
Salary allowances of $27,000 and $18,000 respectively, and the remainder equally. How much of the net loss of $6,000 is allocated to Partner 1?
madison thorne works in a public accounting firm and hopes to eventually be a partner. the management of allnet company
simba companys standard materials cost per unit of output is 11.52 2.40 pounds x 4.80. during july the company
Prepare a flexible manufacturing budget for the relevant range value using 15,000 unit increments. (List variable costs before fixed costs.)
What are effects on the items in a firm financial statements. Many accounting transactions will apply to one or more of the financial statements.
Whispering Winds Corporation has been authorized to issue 20,000 shares of $100 par value, Prepare the stockholders equity section at December
Prepare journal entries including adjustment from the date of loan up to date of maturity
Kathy owns all the stock in Reed Corp. Her Reed stock has a basis of $90,000, What is the amount and character of Kathy's realized and recognized gain
Calculate the company's overall break-even point in total sales dollars. Explain your methodology (approximately 2 pages)
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd