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1. Liability
2. Expense
3. Owner Equity
4. None of these
It is obvious Expense it is clearly mention in your question
Rent expense are part of expense account...option2 is the right answer..
EXPENSES ACCOUNT part of P&L
the correct answer is no2 ( expense
Agree with Rizwan Khaled,,,,,,,,,,,
My answer is2. Expense.
Rent expense is an element under Expense as included in its name.
2. Expense is true choice....
Correct answer is:2- Expense
agree with all answers especially with M / rizwan khalid /
Rent Expense is an expense.
