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 operating expenses, which are costs incurred in the day-to-day operations of a business. These expenses are deducted from revenue to calculate the net income or loss of a company. Therefore, option D, i.e., operating expenses, is the correct choice.

Rent, Depreciation, and Salaries Are Examples of