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Question
Find the odd one:
Options
Machinery account
Furniture account
Computer account
Rent account
MCQ
One Word/Term Answer
Solution
Rent account
Explanation:
Machinery, furniture, and computer accounts represent fixed assets of a business that are used for long-term purposes. However, a rent account is an expense account, as rent is a recurring cost paid for the use of premises. Hence, the rent account is the odd one out.
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