Quiz Bee

People who use the hotel's facilities for business meetings use this type of account.

• Visitor’s Payout

• Management Account

• City Account

• Account Correction

This report shows how many rooms each group occupied and how much revenue each group generated.

• Specialty Reports

• High Balance Report

• Daily Operations Report 

• Summary Reports 

It summarizes the day's activities and provides information about revenues, receivables, operating statistics, and cash transactions in the front office.

• City Ledger

• Management Account

• Summary Report

• Daily Operations Report

It identifies guests whose charges are approaching the hotel's account credit limit (the house limit).

• Final Department Detail

• High Balance Report

• Account Correction

• Management Account

This report aids in demonstrating that all transactions were properly recorded and recorded.

• Summary Reports

• Specialty Reports

• High Balance Report

• City Account

A posting service obtained by the guest from the hotel's facilities, where the amount or charges should be collected by the hotel.

• Credit Posting

• Debit Posting

• Payment Posting

• Bill-payout Posting

This transaction occurs when a guest has already paid before or during his or her stay.

• Bill-Payout posting

• Payment posting

• Credit posting

• Debit posting

This could include cash in the bank, money owed to you as accounts receivable, equipment purchased, and inventory

• Cash in bank

• Cash Register

• Assets

• Liabilities

It states that the more revenue your company earns, the more assets it will have on its balance sheet.

• Balance Sheet

• Balance Revenue

• Bank Reconciliation

• Reconciliation Procedure

How long does it take to complete all of the day's transactions?

• 2-8 hours

• 3-8 hour

• 4-8 hours

• 6-8 hours