CRST 221 Casino Resort Financial Accounting

An introduction to the principles of accounting that uses the casino resort industry and hospitality accounting principles and practices pursuant to the industrys uniform systems. Topics include: theories, practices underlying the accounting process, recording of business tractions, basic balance sheet and income statement preparation, adjusting and closing entries, calculation of accrued expenses and depreciation, inventory valuation and bank reconciliations, accounting for partnerships and corporations, preparing the statement of cash flow and the analysis and interpretation of financial statements.

pre-rec: CRST 125.