Why are guest deposits and credit balances on customer accounts shown as current liabilities?

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Hospitality Management Accounting

ISBN: 9780471092223

8th Edition

Authors: Martin G Jagels, Michael M Coltman

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Question Posted: Jun 28, 2024 01:10 AM

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Why are guest deposits and credit balances on customer accounts shown as current liabilities?

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Hospitality Management Accounting

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