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Which of the following is the normal balance of rent expense account?

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Question added by Aakash Jaiswal
Date Posted: 2016/05/05
Ashish Sharma
by Ashish Sharma , Assistant Manager - Credits , Bank Of India

Expense accounts will always show a debit balance, except during the year start when it might show zero balance as all the expenses are transferred to HO accounts.

The normal balance of rent expenses goes in credit account

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