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Rent expenses are part of _Account?

1. Liability

2. Expense

3. Owner Equity

4. None of these

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Question ajoutée par Sayed Rubab Sayed , Finance Officer , The Next
Date de publication: 2015/08/08
Ahmer Zamir
par Ahmer Zamir , Consultant , Saleem Associates & Co

It is obvious Expense it is clearly mention in your question

Utilisateur supprimé
par Utilisateur supprimé

Rent expense are part of expense account...option2 is the right answer..

Mohammed Asim Nehal
par Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

EXPENSES ACCOUNT part of P&L

Ayman Othman
par Ayman Othman , Chief Accountant , Imperial Trading & contracting company

the correct answer is no2 ( expense

Mehboob Ali Laghari
par Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

Agree with Rizwan Khaled,,,,,,,,,,,

Michael Lagunday
par Michael Lagunday , Accounts Assistant , Invest Group Overseas LLC

My answer is2. Expense.

 

Rent expense is an element under Expense as included in its name.

Mohammad Ahmed Aslam
par Mohammad Ahmed Aslam , Chief Accountant , Forest United General Trading & Cont. Co.

You yourself said... rent "EXPENSES"... Its an expense... charged to P & L.

mohamed soliman
par mohamed soliman , General Manager , Al Babtain Group

2. Expense is true choice....

Said Shaban
par Said Shaban , Accountant , Tri State Materials Testing

Correct answer is:2- Expense

هيثم ناجى
par هيثم ناجى , محاسب اول , الفيوم لصناعة السكر

 agree with all answers especially with M /  rizwan khalid /

Mohsin Patel
par Mohsin Patel , Accounting Analyst , Water G.

Rent Expense is an expense.

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