01.	December 1: William John, a new investor, made an investment in Byte by purchasing 2,000 shares of its common stock paying $58,000.00 in cash. The par value of the common stock was $22.00 per share.
02.	December 3: Byte purchased a Ricoh Color Copier for $4,700.00. The invoice number was 61298. Byte paid 10% in cash and signed a three-year note for the remaining balance. Interest at a rate of 6% a year will be paid semiannually.
03.	December 3: Check # 6001 for $2,600.00 was issued by Byte to pay for rent of the office space for December.
04.	December 3: Byte received 14 Super Toners for resale to customers at a cost of $26.00 per toner. The invoice number was 7249, and requires payment within 30 days.
05.	December 10: Byte sold 8 Super Toners to a customer on account for $58.00 each. The Sales order number was 12100.
06.	December 10: Byte records the cost of the 8 Super Toners sold using FIFO. The sales order number was 12100.
07.	December 11: Check # 6002 was issued to pay salaries of $2,250.00 to equipment operators. (Ignore payroll taxes at this time.)
08.	December 14: Check # 6003 was issued to purchase a one-year insurance policy covering its computer equipment. The cost of the insurance is $6,744.00 and paid to Seth's Insurance. The effective date of the policy was December 16 and the invoice number was 2387.
09.	December 15: Byte purchased $450.00 of supplies on account.
10.	December 16: Byte received 10 Super Toners purchased for resale to customers. The cost was $33.00 per toner. The invoice number was 7959, and payment is required in 30 days.
11.	December 17: Byte was informed that Mr. Madoff who has an account with the company will never pay the $534.00 he owes. Record the Johnsaction to write off Mr. Madoff's accounts receivable account using the allowance method.
12.	December 17: Byte received invoice number 26354 in the amount of $875.00 from the local newspaper for advertising.
13.	December 18: Check # 6004 was issued to pay Accounts Payable in the amount of $1,020.00.
14.	December 19: Byte sold 12 Super toners to a customer on account for $58.00 each. The sales order number was 12101.
15.	December 19: Byte records the cost of the 12 Super Toners sold using FIFO. The sales order number was 12101.
16.	December 21: Byte received an emailed invoice in the amount of $4,600.00 for computers that were drop shipped and received today.
17.	December 21: Byte billed various miscellaneous local customers $9,200.00 for computers that were delivered today.
18.	December 21: Record the cost of the computers that were sold today.
19.	December 22: Check # 6005 was issued to pay salaries of $2,250.00 to equipment operators. (Ignore payroll taxes at this time.)
20.	December 22: Byte received a bill for $1,515.00 from Computer Parts and Repair Co. for repairs to the computer equipment. The invoice number was 43254.
21.	December 22: Check # 6006 was issued to pay the advertising bill that was previously received and recorded from the local newspaper for advertising, invoice number 26354.
22.	December 22: Byte received 17 Super Toners purchased for resale to customers. The cost was $35.00 per toner. The invoice number was 8988, and payment is required in 30 days.
23.	December 23: Byte received $21,225.00 from customers billed when they received delivery.
24.	December 23: Byte received an emailed invoice in the amount of $5,850.00 for computers that were drop shipped and received today.
25.	December 28: Byte billed various miscellaneous local customers $11,700.00 for computers that were delivered today.
26.	December 28: Record the cost of the computers that were sold today.
27.	December 28: Byte paid the bill that was previously received and recorded from Computer Parts and Repairs Co with Check # 6007. The invoice number was 43254.
28.	December 29: Byte received $14,375.00 from customers billed when they received delivery.
29.	December 29: Byte received a bill for the amount of $630.00 from AT&T for the telephone and internet access. The invoice number was 784537.
30.	December 30: Check # 6008 was issued to pay salaries of $2,250.00 to equipment operators. (Ignore payroll taxes at this time.)
31.	December 30: Check # 6009 was issued to pay a cash dividend of $.45 per share to Lauryn, a shareholder of Byte.
32.	December 30: Check # 6010 was issued to pay a cash dividend of $.45 per share to William John, a shareholder of Byte.
33.	December 30: Byte received a $9,215.00 check from John Corporation for merchandise ordered which will be delivered in January.
	Christian Wolff, Byte's CPA, indicated that the previous bookkeeper was not very good. The CPA prepared a bank reconciliation and discovered that the bookkeeper neglected to record the bond issued on January 1 of this year and neglected the recording of the interest
	payment on June 30. Since Byte does not make entries into "closed" periods, record the entries as of December 31.
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34.	December 31: On January 1, Byte received $193,390.20 when they issued a $180,000.00, 7%, ten-year bond. Interest is to be paid semiannually on June 30 and December 31. The market rate was 6%. This entry was never recorded.
35.	December 31: Check # 5367 was issued on June 30 for the timely interest payment for the bond. Record the entry using the effective-interest method. This entry was never recorded.
36.	December 31: Check # 6011 was issued on December 31st for the timely interest payment for the bond. Record the entry using effective-interest method.
A.	Post your journal entries to the general ledger and prepare the Unadjusted Trial Balance as of December 31st.