In a hotel, which of the following is not normally treated as a current asset?
A) Prepaid insurance.
B) Inventory of linen.
C) Marketable securities.
D) Beer held in bar fridge.
E) Cash at bank.
Correct Answer:
Verified
Q1: On 1st of June a hotel purchased
Q2: In double entry accounting:
A) With respect to
Q4: The retained earnings account represents:
A) The undistributed
Q5: For the current financial year a hotel
Q6: In the current year the Budget Hotel
Q7: Which of the following normally have a
Q8: When a hotel pays off a bank
Q9: With respect to double entry accounting systems,
Q10: A hotel's junior accountant was recording advertising
Q11: Journal entries:
A) Are presented in account number
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