Cost of goods sold Loss on sale of investments Insurance expense Salary expense Administrative expense Unearned revenue Sales discount Account Receivable 102,000 Rent expense 14,000 Sales returns 24,000 Sales 30,000 Interest expense 25,000 Income tax expense 24,600 Prepaid rent 5,000 20,000 Salary Expense Payable Gain on sale of shares ased on the information given above, answer the MCQs: 0. The net sales revenue for the year ended 31st December 2019 is: $110,500 $212,500 $237,500 $217,500 18,000 7,500 225,000 6,000 10,950 8,550 16,500 3,000

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