A

Admin • 833.24K Points
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Q. Rent outstanding is shown under:

  • (A) Assets
  • (B) Liabilities
  • (C) Reserves
  • (D) Income
  • Correct Answer - Option(B)
  • Views: 19
  • Filed under category Accounting
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Explanation by: Admin

Outstanding rent is a current liability as it's due but not yet paid.

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