8. A hotel shows office supplies such as stationery on its balance sheet as a $500 asset,...
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8. A hotel shows office supplies such as stationery on its balance sheet as a
$500 asset, even though to any other hotel these supplies might have a value only as scrap paper. Which accounting principle or concept justifies this?
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Related Book For 
Hospitality Management Accounting
ISBN: 9780471483533
8th Edition
Authors: Michael M. Coltman, Martin G. Jagels
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