Simon and Son's has Accounts Receivable of $35,000, owes on account to Johnson Company $16,500 and has furniture totaling $12,250. They have $90,000 in cash on hand and the business has a $36,750 Note Payable. How much is Simon and Son's Owner's Equity? Use the accounting equation to solve this problem.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.