Classify each of the following items as asset (A), liability (L), revenue (R), or expense (E). _______
Question:
_______ (a) Food inventory
_______ (b) Rooms revenue
_______ (c) Salaries and wages expense
_______ (d) Property management system
_______ (e) Taxes payable
_______ (f) Rent expense
_______ (g) Beverage revenue
_______ (h) Cash
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Related Book For
Hospitality Financial Accounting
ISBN: 978-0470083604
2nd Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
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