Successful companies try to maintain a positive relationship in the community in which they do business. in the textbook, colangelo explains that representing your core values in the community wins loyalty to your brand and attracts new customers (p. 62). entrepreneurs should remember that part of a company’s stewardship includes socially responsible actions in the community. in what ways do organizations gain trust and show they are socially responsible stewards? how is trust lost and how are reputations damaged? discuss examples of companies that are socially responsible and have earned the trust of the community. conversely, discuss other companies that have lost the trust of communities and damaged their reputations through social irresponsibility. what will you do to ensure that your organization maintains a positive reputation in the community?

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.