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Which of the Following Is Classified as an Internal Bad-News

question 41

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Which of the following is classified as an internal bad-news announcement?


Definitions:

Landlord

An owner of property, such as land or buildings, who leases or rents it to another party, known as a tenant.

Journalize

The act of recording business transactions in the journal of an accounting system, marking the first step in the accounting cycle.

Normal Balance

The side (debit or credit) of an account that is typically increased; varies depending on the account type.

Debit

An accounting entry that increases an asset or expense account or decreases a liability or equity account.

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