The kind of accounting that one would normally find in use in hotels is accrual accounting.
Hotels are generally much likelier to use accrual based accounting which is proven by the fact that most hotels and guest houses do in fact use accrual accounting.
The reason is because accrual accounting matches the way hotels go about their business. Accrual accounting allows you to record revenue even before you have been paid in actual cash.
You can also account for expenses when you incur them instead of when you actually pay for them.
Hotels prefer this because they will sometimes house certain types of guests before the guests pay for the room, or they will incur expenses such as cleaning services from subcontractors before actually paying for those services.
They would therefore have to account as soon as it happens that they have received revenue from the guests who haven't paid but have used the hotel, and expenses as aforementioned.
These are but a few of the reasons why hotels prefer accrual based accounting.
Find out more on accrual accounting at https://brainly.com/question/25817056
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