Question: Please answer all. Avoid plagiarism. Thank you. Why must accounts receivable be included in the night audit? What do the accounts receivable comprise? Discuss the
Please answer all. Avoid plagiarism. Thank you.
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Why must accounts receivable be included in the night audit? What do the accounts receivable comprise?
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Discuss the importance of the night audit to the daily management of a hotel. Who reviews the night audit? Why would they be interested in these financial data?
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If you were reading the night, which figure would assist you in determining whether or not the restaurant managers met their sales goals? How would you know the amount of money paid out on behalf of the food and beverage department on the previous day for the miscellaneous grocery purchases? How would you know what total amount of money guest charger to their room folios yesterday? What figures represent the Total Outstanding Accounts Receivable?
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Why should the accounts receivable be analyzed?
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Why should the bank deposit and amount transferred to accounts receivable listed on the night audit? What does each figure represent?
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How can the front office manager control the cash in the front office cash drawer?
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