01. June 1: Byte of Accounting, Inc. acquired $55,200 in cash from Lauryn and issued 2,400 shares of its common stock June 1: Byte of Accounting, Inc. issued 2,510 shares of its common stock to Jose Lopez after $23,690 in cash and computer equipment with a fair market value of $34,040 were received. June 1: Byte of Accounting, Inc. issued 2,311 shares of its common stock after acquiring from Courtney $42,550 in cash, computer equipment with a fair market value of $9,660 and office equipment with a fair value of $943. 9 June 2: A down payment of $30,000 in cash was made on additional computer equipment that was purchased for $150,000. A five-year note was executed by Byte for the balance. - 05. June 4: Additional office equipment costing $700 was purchased on credit from Discount Computer Corporation 3 06. June 8: Unsatisfactory office equipment costing $140 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. June 10: Byte paid $23,000 on the balance it owed on the June 2 purchase of computer equipment 08 June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for $6,144 in cash. The effective date of the policy was June 16. 09. June 16: A check in the amount of $8,250 was received for consulting revenue. 10. June 16: Byte purchased a building and the land it is on for $107,000, to house its repair facilities and to store computer equipment. The on which the building is located is valued at $17,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $10,700 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1. June 17: Cash of $3,800 was paid for rent for June and July. Put the total amount into the Prepaid Rent account 12. June 17: Received a bill of $325 from the local newspaper for advertising. 13. June 21: Accounts payable in the amount of $560 were paid. 14. June 21: A fax machine for the office was purchased for $700 cash. 15. June 21: Billed various miscellaneous local customers $4,900 for consulting services performed. 16. June 22: Paid salaries of $860 to equipment operators for the week ending June 18. 11. June 22: Received a bill for $1,290 from Computer Parts and Repair Co. for repairs to the computer equipment. 18. June 22: Paid the advertising bill that was received on June 17. 19. June 23: Purchased office supplies for $605 on credit. Record the purchase as an increase to the assets. 20. June 23: Cash in the amount of $3,925 was received on billings 21 June 28: Billed $5,910 to miscellaneous customers for services performed to June 25. 22. June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. 23. June 29: Cash in the amount of $5,600 was received for billings. 24. June 29: Paid salaries of $860 to equipment operators for the week ending June 25. 25. June 30: Received a bill for the amount of $865 from O&G Oil and Gas Co. 26. June 30: Paid a cash dividend of $0.21 per share to the three shareholders of Byte. [IMPORTANT NOTE: The number of shaps of capital stock outstanding can be determined from the first three transactions