The correct answer is D. Debit balance.
A rent expense account is a liability account, which means that it has a normal debit balance. This is because liabilities are increased by debits and decreased by credits. When a company incurs a rent expense, it debits the rent expense account and credits the cash account.
A credit balance in a rent expense account would indicate that the company has received rent from a tenant, which is not the case. A cash balance is the amount of money that a company has on hand. An overdraft is a negative balance in a bank account.
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