Unit 19-Accounting-H & T

Process of buying something and paying for it.

• Income Statement

• Controller

• Financial transaction

• Audit

The money paid to employees for their labor.

• Payroll

• taxes

• Credit

• Debit

A financial record that lists transaction and shows the balance.

• Account

• Accounts payable

• Income Statement

• Night Audit

Money that is owed to a business.

• Controller

• Night Audit

• Accounts Receivable

• Accounts Payable

A careful examination of the financial records of a person or company.

• Night Audit

• Audit

• Payroll

• Posting Charges

Process of entering the daily charges into a guest folio.

• Posting Charges

• Payroll

• Taxes

• Debit

A book in which financial transactions are recorded

• ledger

• Account History

• Credit History

• Point of Sale

Money or payment that has been received.

• Credit

• Balance Sheet

• Accounting

• Ledger

The system that provides uniform names for each category of account for use throughout the hotel industry.

• Point of Sale

• System of Accounts

• Uniform System of Accounts

• Food and Beverage Controller

Employee who pays invoices that a business owes to other businesses.

• Accounts Receivable Clerk

• Accounts Payable Clerk

• Accounting

• Point of Sale