While maintaining the partnership accounts, rent payable to partners is:

Both options 1 and 3

The correct answer is option 4- Both options 1 and 3.

Option 1- Charge against profits
Option 3- Charged to profit and loss account

Rent is expenditure for the firm, and it is paid whether firm is earning profit or not. So, it is charge against profit not appropriation of profit and charged to p & l account.