Question 3 Sony, Inc. ses many PlayStations, which are very enjoyable to play with you are looking at Sony's financial statement and wonder why Sony does not have a caption on its balance shee NESS: What is the printepor or assumption that supports the reason why Sony DOES NOT have an asset on its balance sheet with this caption] Mine Unit wmotion Wirinci Revenue reconeindo Economic entity wwwmotion o far valenciale The following is a listing all of the income statement accounts for Rachel Company as they appear on the company's adjus Dividend Revenue 3,000 Sales Discounts 13,500 Cost of Goods Sold 101,000 Advertising expense 6,300 Salaries and Wages Expense 2,800 Sales Revenue 190,000 Utilities Expense 23,500 Loss on Disposal of Plant Assets 2.800 Sales Returns and Allowances 13,200 If Rachel was preparing a multi-step income statement, Net Sales would be 5176,800 5190,000 $190,300 $216.700 0.575.500 5163,300 5176,500 Question 48 185 p On November 3.2021 N o Company buys 5.000 shares of Princeton Corp. at $20 pershor. The stock wife is a stock investment with NO significant influence. The fair value of the shares at Novenber 30, 2021 h $27 per share. The amount that is company should report as Stock Investments in its November 30 2021 balance sheet for its investment in Princeton Corp. SH Question 3 Sony, Inc. ses many PlayStations, which are very enjoyable to play with you are looking at Sony's financial statement and wonder why Sony does not have a caption on its balance shee NESS: What is the printepor or assumption that supports the reason why Sony DOES NOT have an asset on its balance sheet with this caption] Mine Unit wmotion Wirinci Revenue reconeindo Economic entity wwwmotion o far valenciale The following is a listing all of the income statement accounts for Rachel Company as they appear on the company's adjus Dividend Revenue 3,000 Sales Discounts 13,500 Cost of Goods Sold 101,000 Advertising expense 6,300 Salaries and Wages Expense 2,800 Sales Revenue 190,000 Utilities Expense 23,500 Loss on Disposal of Plant Assets 2.800 Sales Returns and Allowances 13,200 If Rachel was preparing a multi-step income statement, Net Sales would be 5176,800 5190,000 $190,300 $216.700 0.575.500 5163,300 5176,500 Question 48 185 p On November 3.2021 N o Company buys 5.000 shares of Princeton Corp. at $20 pershor. The stock wife is a stock investment with NO significant influence. The fair value of the shares at Novenber 30, 2021 h $27 per share. The amount that is company should report as Stock Investments in its November 30 2021 balance sheet for its investment in Princeton Corp. SH