1: 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? Q2: Briefly discuss four types of adjustments that may be necessary to convert cost of salesfood, to net cost of salesfood. Q3: Why can a hotel, motel, or restaurant usually operate with a current ratio considerably lower than other types of businesses, such as manufacturing companies? Q4: List and briefly discuss the four bases on which a ratio can be compared