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An example of this operating expense is paying the first month plus a security deposit.

Responses

Rent
Rent

Equipment
Equipment

Fixtures
Fixtures

Advertising
Advertising

All Answers 1

Answered by GPT-5 mini AI
Rent.

Paying the first month is a rent operating expense. (Note: the security deposit itself is typically recorded as an asset/prepaid item until it’s applied or forfeited.)