During the year ended december 31, 2015, kelly's camera shop had sales revenue of $145,000, of which $72,500 was on credit. at the start of 2015, accounts receivable showed a $10,000 debit balance and the allowance for doubtful accounts showed a $550 credit balance. collections of accounts receivable during 2015 amounted to $63,000.data during 2015 follow: a. on december 10, a customer balance of $1,250 from a prior year was determined to be uncollectible, so it was written off. b. on december 31, a decision was made to continue the accounting policy of basing estimated bad debt losses on 2 percent of credit sales for the yearrequired: 1. show how the amounts related to accounts receivable and bad debt expense would be reported on the balance sheet and income statement for 2015.2. on the basis of the data available, does the 2 percent rate appear to be reasonable?

Ethics refers to fundamental principles of right and wrong; ethical behavior is behavior that is consistent with those principles. hrm decisions should be ethical, but the evidence suggests that is not always the case. many ethical issues in the workplace involve hrm. in the context of ethical human resource management, hr managers must view employees as having basic rights. in this activity, you will look at the four principles for ethical behavior and the basic rights employees should expect in the work environment. hr managers must view employees as having basic rights, for such a view reflects ethical principles embodied in the u.s. constitution and bill of rights. organizations often face situations in which the rights of employees are affected. ethical, successful companies act according to four principles: emphasizing mutual benefits, employees assuming responsibility for the actions of the company, companies having a sense of purpose or vision that employees value, and emphasizing fairness.