If revenue was 130,000$, insurance payable expenses 28,000$,other expenses 68,000$ ,salaries expenses 34,000$ and wages expenses...

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If revenue was 130,000$, insurance payable expenses 28,000$,other expenses 68,000$ ,salaries expenses 34,000$ and wages expenses 10,000$. Gross profit will be -10,000$. Select one: True False Question 7 Not yet answered Marked out of 2.00 Flag question Operating Income-Gross Profit - Cost of Sales Select one: True False Question 8 If revenue was 130,000$, insurance payable expenses 28,000$,other expenses 68,000$ ,salaries expenses 34,000$ and wages expenses 10,000$. Gross profit will be -10,000$. Select one: True False Question 7 Not yet answered Marked out of 2.00 Flag question Operating Income-Gross Profit - Cost of Sales Select one: True False Question 8