Rent,depreciation,and salaries are examples of:
A)Current assets.
B)Current liabilities.
C)Owners' equity.
D)Operating expenses.

Question

Quizplus · Accepted Answer

Rent, depreciation, and salaries are all expenses incurred in the normal course of running a business and are categorized as operating expenses. Current assets are assets that can be easily converted into cash within one year, current liabilities are debts that are due within one year, and owners' equity represents the amount of the business owned by its owners.

Rent,depreciation,and Salaries Are Examples Of