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    lcurtis_03's Avatar
    lcurtis_03 Posts: 2, Reputation: 1
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    #1

    Apr 16, 2014, 04:47 PM
    Answer accounting questions for free
    The following transactions pertain to 2012, the first year operations of Hall Company. All inventory was started and completed during 2012. Assume that all transactions are cash transactions.

    1. Acquired $4,000 cash by issuing common stock.
    2. Paid $720 for materials used to produce inventory.
    3. Paid $1,800 to production workers.
    4. Paid $540 rental fee for production equipment.
    5. Paid $180 to administrative employees.
    6. Paid $144 rental fee for administrative office equipment.
    7. Produced 300 units of inventory of which 200 units were sold at a price of $12 each.
    lcurtis_03's Avatar
    lcurtis_03 Posts: 2, Reputation: 1
    New Member
     
    #2

    Apr 16, 2014, 04:47 PM
    The following transactions pertain to 2012, the first year operations of Hall Company. All inventory was started and completed during 2012. Assume that all transactions are cash transactions.

    1. Acquired $4,000 cash by issuing common stock.
    2. Paid $720 for materials used to produce inventory.
    3. Paid $1,800 to production workers.
    4. Paid $540 rental fee for production equipment.
    5. Paid $180 to administrative employees.
    6. Paid $144 rental fee for administrative office equipment.
    7. Produced 300 units of inventory of which 200 units were sold at a price of $12 each.
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #3

    Apr 16, 2014, 05:16 PM
    Since that's homework... and we don't do your homework for you... Per the site rules, what are your answers and how did you arrive at them?
    Alty's Avatar
    Alty Posts: 28,317, Reputation: 5972
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    #4

    Apr 16, 2014, 05:43 PM
    Sorry, but this should be in the homework section, as it's very obviously a homework question.

    Please see the site rules for homework questions. We won't do your work for you. You can post your answers, and we will critique them, but that's the extent of what we do.

    This is your assignment. Having someone else do it for you, teaches you nothing. You need to put in the effort. You need to do the work.

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