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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 added by Sayed Rubab Sayed , Finance Officer , The Next
Date Posted: 2015/08/08
Ahmer Zamir
by Ahmer Zamir , Consultant , Saleem Associates & Co

It is obvious Expense it is clearly mention in your question

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

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

EXPENSES ACCOUNT part of P&L

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

the correct answer is no2 ( expense

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

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

Michael Lagunday
by Michael Lagunday , Accountant , Dubai Camel Racing Club

My answer is2. Expense.

 

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

Mohammad Ahmed Aslam
by 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
by mohamed soliman , General Manager , Al Babtain Group

2. Expense is true choice....

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

Correct answer is:2- Expense

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

 agree with all answers especially with M /  rizwan khalid /

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

Rent Expense is an expense.

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