Front office Accounting Fundamentals

City Account is also known as

• Guest Account

• Non Guest Account

• Master Account

• Folio

Opening balance + Debit entries – Credit entries =

• Previous balance

• Amount

• Outstanding amount

• None of the above

At Departure, the final bill of the guest is prepared and settled so that the outstanding balance is brought to

• Reduce

• Increase

• Zero

• No change

In case of credit settlement, the account balance is transferred to ________

• Guest Account

• Non Guest Account

• Management account

• All of these

Responsibility of collecting the balance of non guest account is of __________department.

• Finance

• Sales & Marketing

• Human resource

• Account

Allowances given to the guest is a _________ entry in the guest account

• Credit

• Debit

• Total

• None of the above

Health center, business center& Laundry charges are examples of ______ entries of the guest account

• Credit

• Total

• Debit

• None of the above

At the time of reservation, if the guest pays an advance amount ,you will

• Maintain the account

• Settle the account

• Create the account

• None of the above

______ is the limit for each guest, which is the maximum amount of credit that the hotel will extend to

• Debit limit

• Finance limit

• Card limit

• Credit Limit

______ is the difference between the totals of entries on the left & right side of the account

• Account Balance

• Folio

• Guest Account

• City Ledger