In order to keep accurate records about the collection of cash for a previously written off account, collection of cash for a previously written off account, a business should re-establish the Accounts Receivable by debiting the receivable account

Bergan Corp. has gross pay for March of $50,000. The journal entry to record salaries expense would include a debit to Salaries and Wages Payable for $50,000

Indicate whether the statement is true or false

Explain how society at large can be hurt by companies using unethical financial and management practices

What will be an ideal response?