Rent expense appears on which of the following statements?
A)Balance sheet.
B)Income statement.
C)Statement of retained earnings.
D)Statement of periodic expenses.
E)Statement of cash flows only.

Name: Rent expense appears on which of the following statements? A)Balance sheet. B)Income statement. C)Statement of retained earnings. D)Statement of periodic expenses. E)Statement of cash flows only.
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Question

Quizplus · Accepted Answer

Rent expense appears on the income statement as it is a part of operating expenses.

Rent Expense Appears on Which of the Following Statements