Listed Below Are Various Accounts

question 162

Essay

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.

---

Definitions:

Motor Cortex

A structure in the frontal lobe that controls fine motor movement in the body.

Prefrontal Cortex

The part of the brain located at the front of the frontal lobes, involved in decision making, social behavior, personality, and cognitive planning.

Frontal Cortex

The part of the brain located in the front of the skull, responsible for high-level cognitive functions and decision making.

Sensory Information

Information received and processed by sensory systems, coming from the environment and body senses for interpretation and understanding.