Rent due but not paid is to be treated as _______

Outstanding Expense

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Accrued Income

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Prepaid Expense

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Unearned Income

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Solution

The correct option is A
Outstanding Expense

Rent due but not paid is an outstanding expense.

Suggest Corrections

Similar questions

State the meaning of

(a) Outstanding expenses

(b) Prepaid expenses

(d) Accrued income

State the meaning of:

(a) Outstanding expenses

(b) Prepaid expenses

(d) Accrued income

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