Operating Expenses include:A. Rent paidB. Interest paid on loanC. Selling and Distribution ExpensesD. Commission ReceivedE. Salaries PaidChoose the correct answer from the options given below:
- AA and C Only
- BA, B and C only
- CA, D and E only
- DA, C and E only
Solution & Step-by-step Explanation
Operating expenses are those costs incurred during the regular core operating activities of running a business enterprise.Rent paid (A), Selling and Distribution Expenses (C), and Salaries Paid (E) are core operational business expenses.Interest paid on loan (B) is a financial expense, not an operating expense.Commission Received (D) is an income element, not an expense.Therefore, A, C, and E are operating expenses.