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Please assist to fill out the questions (Hospitality Accounting) as asset (A), liability (L), or stockholders equity (SE) that would (R) or expense (E) that
Please assist to fill out the questions (Hospitality Accounting)
as asset (A), liability (L), or stockholders equity (SE) that would (R) or expense (E) that would appear on the income statement. Identify each following the balance sheet or a revenue st assets and liabilities as to whether they are short-term or long-term Accounts Payable Cash or Cash Equivalents Income Taxes Inventory Accounts Receivable Net Sales Mortgage Payable Machinery and Equipment Common Stock Employee Wages Land Notes Payable within one year 12. 8 Pts Identify which financial statement contain the following accounts: Inventory Wage cost Accounts payable Department Profit Common Stock Operating activities Food Cost Restaurant revenue A. P&L Statement B. Bank Reconciliation C. Statement of Cash Flow D. Balance SheetStep by Step Solution
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