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2 years ago

Why do you think that decorum and business etiquette play as essential components of business ethics and social responsibility

1 answer:

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Proper decorum and good business etiquettes are essential components of business ethics and social responsibility because they:

Create a professional atmosphere
Improve communication
Make a workplace productive
Enhance workers' respect and dignity
Improve customer and suppliers relationships.

<h3>What are business ethics and social responsibility?</h3>

Business ethics deal with the appropriate business policies and practices that ensure the observance of ethical principles. They ensure that moral or ethical problems do not arise in a business environment.

Social responsibility refers to the cooperation that should exist among individuals and organizations for the benefit of the community.

Thus, Proper decorum and good business etiquettes remain essential components of business ethics and social responsibility.

Learn more about business ethics and social responsibility at brainly.com/question/25704651

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Answer:

(a) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 3,041

Dr Bad Debt Expenses $10,150

Cr Allowance for doubtful debt $10,150

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Explanation:

The Allowance for Doubtful Account will have the Balance of : 439,700 x 3% = $13,191

(a): Bad Debt Expenses needs to be recorded: 13,191 - 3,041 = $10,150

(b): Bad Debt Expenses needs to be recorded: 13,191 + 918 = $14,109

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Mortgage Payable Table is prepared in an MS Excel file which is attached with this answer, please find it

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