Juan is a meticulous accountant and wants to make sure everything is allocated correctly in its own

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Juan is a meticulous accountant and wants to make sure everything is allocated correctly in its own line item or account. However, he also observes GAAP. According to which principle would he not use a separate account for a $10 expense for purchasing plastic forks, plates, and napkins for the annual office Christmas party?

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Hospitality Financial Management

ISBN: 9780471692164

1st Edition

Authors: Agnes L DeFranco, Thomas W Lattin

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