$50$Sheet Legal Pad

Transaction

Description of transaction

June $1$: Byte of Accounting. Inc. received $$32,110\mathrm{.}70$ in cash and computer equipment with a fair mark

value of $$45,915\mathrm{.}30$ when Jeremy purchased $2,600$ shares of its common stock. The par value of the common stock was $S0\mathrm{.}01$ per share.

June $1$: Byte of Accounting, Inc. received computer equipment with a fair market value of $518,006,00$ an

office equipment with a fair market value of $$960\mathrm{.}32$ when Courtney purchased $632$ share of its commor stock. The par value of the common stock was $$0\mathrm{.}01$ per share.

June $1$: Byte of Accounting, Inc. received $$112,537\mathrm{.}50$ in cash when Meghan Deiana purchased $3,750$ shares of its common stock. The par value of the common stock was $$0\mathrm{.}01$ per share. that was purchased from Royce Computers, invoice number $76542.$ The full price of the computer was $$140,000\mathrm{.}00.$ A five$-$year note was executed by Byte for the balance.

$05.$

June $4$: Additional office equipment costing $$300\mathrm{.}00$ was purchased on credit from Discount Computer Corporation. The invoice number was $98432.$

$06.$

June $8$: Unsatisfactory office equipment costing $$60\mathrm{.}00$ from invoice number $9$$$432$ was returned to Discount Computer for crealit to be applied against the outstanding balance owed by Byte.

$07.$

June $10$: Check # $5003$ was used to make a $$21,500\mathrm{.}00$ payment reducing the principal owed on the June $2$ purchase of computer equipment from Royce Computers.

June $10$: Purchased office supplies for $$1,750\mathrm{.}00$ from Staples on account. The invoice number was $61298.$ Included in the purchase was $10$ units of Super RoutePro at a cost of $$40\mathrm{.}00$ each.

June $14$: Check # $5004$ was used to purchase a one$-$year insurance policy covering its computer equipment for $$6,312\mathrm{.}00$ from Seth's Insurance. The effective date of the policy was June $16$ and the invoice number was $2387.$ was $2387.$

$10.$ June $16$: Checks in the amount of $$7,580\mathrm{.}00$ was received for services performed for cash customers.

June $16$: Byte purchased a building and the land it is on for $$107,000\mathrm{.}00$ to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $$17,000\mathrm{.}00.$ The balance of the cost is to be allocated to the building. Check $$5005$ was used to make the down payment of $$10,700,00.$ A thirty year mortgage with an initial payment due on August Ist, was established for the balance.

$12.$ June $17$: Check & $5006$ for $$5,400,00$ was paid for rent of the office space for June, July and August.

$11.$

$08.$

$04.$