Listed below are various accounts:
1. Merchandise Inventory
2. Salaries expense
3. Cost of goods sold
4. Depreciation
5. Supplies
6. Advertising expense
7. Sales revenue
8. Insurance expense
9. Gross profit
10. Rent expense
Instructions
State which accounts would be classified as operating expenses.

Question

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The Answer of Listed below are various accounts:
1. Merchandise Inventory
2. Salaries expense
3. Cost of goods sold
4. Depreciation
5. Supplies
6. Advertising expense
7. Sales revenue
8. Insurance expense
9. Gross profit
10. Rent expense
Instructions
State which accounts would be classified as operating expenses.

Listed Below Are Various Accounts