Transactions related to 2012 the first year of operations of hall company. All inventory was started and completed during 2012. Assume that all transactions are cash transactions.;Acquired $4,000 cashby issuing common stock.;Paid $720.00 for materials used to produce stock.;Paid $1,800 to production wrokers.;Paid $540 rental fe for production equipment;Paid $180.00 to administrative employees.;Paid $144.00 rentaL fee for administrative office equipment.;Produced 300 units of inventory of which 200 units were sold at a price of $12 each.;Required;Prepare an icome statement, balance sheet and statement of cash flows.
Paper#79403 | Written in 18-Jul-2015Price : $25