Which of the following items is not shown onthe balance sheet of a hospitality company?...

Which of the following items is not shown on the balance sheet of a hospitality company?

a. Current maturity of long-term debt

b. Accounts payable

c. Investments in employee training

d. Accounts receivable

Solutions

Expert Solution

Option c: Investment in employee training

Explanation:

IN case of a hospitality company, the balance sheet does not have employee investment which may include expenditure incurred on training of the employees.

Current maturity of long term debt, accounts payable and accounts receivables are shown as usual in the balance sheet of a hospitality company as these are part of normal business and day to day activities of the company.

Hence, option 'c' is correct, and rest all are incorrect.

ekkarill92 answered 1 year ago

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