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1 2 3 Transaction 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 01. 02. 03. 04. 05. 06. 07. 08. 09. 10. Ready B Byte of Accounting, Inc. Description of transaction June 1: Byte of Accounting, Inc. issued 2,670 shares of its common stock to Jeremy after $25,530 in cash and computer equipment with a fair market value of $35,880 were received. June 1: Byte of Accounting, Inc. issued 1,871 shares of its common stock after acquiring from Courtney $31,050 in cash, computer equipment with a fair market value of $11,040 and office equipment with a fair value of $943. June 1: Byte of Accounting, Inc. acquired $78,200 in cash from Alonzo Barraza and issued 3,400 shares of its common stock. Alonzo Barraza 3885 June 2: A down payment of $28,000 in cash was made on additional computer equipment that was purchased for $140,000. A five-year note was executed by Byte for the balance. June 4: Additional office equipment costing $400 was purchased on credit from Discount Computer Corporation. Introduction Accessibility
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