Answer:
The journal entry for the following is shown below:
Explanation:
The journal entry for the following is as follows:
Bad Debts Expense A/c................................Dr $3,600
Allowance for Doubtful Accounts A/c......Cr $3,600
Being the adjusting entry for bad debt expense
Working Note:
Using the percentage of accounts receivable computing the amount of bad debt expense as:
Allowance for doubtful accounts = Accounts receivable × %
= $120,000 × 4%
= $4,800
Now, computing the bade debt expense as:
Bad debt expense = Allowance for doubtful debts - Credit balance
= $4,800 - $1200
= $3,600
The term Social responsibility refers to a business's obligation to
maximize its positive impact and minimize its negative impact on society.
<h3>What is the role of social responsibility in Business?</h3>
- Social responsibility means that businesses, in addition to maximizing shareholder value, must act in a manner benefiting society, not just the bottom line.
- Social responsibility has become increasingly important to investors and consumers who seek investments that not only are profitable but also contribute to the welfare of society and the environment.
- While critics have traditionally argued that the basic nature of business does not consider society as a stakeholder, younger generations are embracing social responsibility and driving change.
<h3>Extra keywords for social responsibility:</h3>
- Social responsibility means that besides maximizing shareholder value, businesses should operate in a way that benefits society.
- Socially responsible companies should adopt policies that promote the well-being of society and the environment while lessening negative impacts on them.
- Companies can act responsibly in many ways, such as by promoting volunteering, making changes that benefit the environment, engaging in ethical labor practices, and engaging in charitable giving.
- Consumers are more actively looking to buy goods and services from socially responsible companies, hence impacting their profitability.
- Critics assert that practicing social responsibility is the opposite of why businesses exist.
To learn more about Social responsibility, refer
to brainly.com/question/25922327
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Answer:
The given options are the examples which demonstrate tasks commonly performed in Construction jobs:
- Aisha lifts bags of concrete.
- Wallace installs lighting fixtures and wiring
- Nelson parks cars for other workers.
- Dionne creates a calendar showing all of the deadlines for a project.
Frictional unemployment is the unemployment that fallouts from period consumed between jobs when an employee is looking for, or moving from one occupation to another. It is otherwise known as search unemployment and can be grounded on the conditions of the individual. So the answer is letter a, Mollie is the frictionally unemployed since she is looking for a job for 3 months already. She is searching and waiting for a job.
