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plz provide me answer within 10 min B) You are the bookkeeper of a hotel. It is a beautiful morning on July 29 th. A
plz provide me answer within 10 min
B) You are the bookkeeper of a hotel. It is a beautiful morning on July 29 th. A wedding planning company has booked 48 rooms at (@) \$200 in the hotel for one night with the maximum guest occupancy per room as one. The company has also booked a banquet space for $7,000 for a three-hour retreat, which includes a three-course meal for all 48 attendees. List the Cost Management impact of the following transactions in the respective accounts along with the effects on the classifications. Use the table below to answer the questions. 1. The hotel ordered $638 worth of food inventory on July 26 th for this function. The hotel knows that, by the time the invoice comes, it will be the month of August. ( 5 pts) 2. On June 14th, the hotel hired a decoration company for the event. The hotel paid the company in advance on June 20th to confirm the booking. What would have been the impact on the accounts in June? (5 pts) 3. On July 27 th, the hotel decided to add a small complimentary souvenir in all 48 rooms. For this particular souvenir, Executive Chef ordered a special honey from a local farmer and paid her right away. ( 10pts) 4. Based on double-entry accounting, what entries would you post in the general ledger? (5 pts) Step by Step Solution
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