Understanding Hotel Liabilities: What You Need to Know
What are the hotel liabilities? Accrued utilities, accrued vacations, accrued salaries, accrued bonus, accrued workers compensation. These are all liabilities because they clearly pass the three-way test. They already happened, there is a duty or responsibility and there is no wiggle room. Read more on insights.ehotelier.com One of the key components of the tourism sector … Read more