Byte of Accounting, Inc. Description of t ransaction June 1: Byte of Accounting, Inc. issued 2.560 shares of its common slock to Jeremy atter 523.690 in cash and computer equipment with a fair market value of $35.190 were received o1. e 1: Byte of Accounting, Inc. issued 2,016 shares of its common stock after acquiring from $33,350 in cash, computcr equipment with a fair market value of $12,420 and office inment with a fair value of $598. June I: Byte of Accounting. Inc acquired $82,800 in cash from Robert d issued 03, 3,500 shares of its common sock June 2: A down payment of $30,000 in cash vwas made on additional computer equipment that June 4: Additional office equipment costing $700 was purchased on crodit from Discount 04. 05. une Unsocy office equipmen costing S1-4D was retumed to Discount Computer fo 06. credit to be applied against the outstanding balance owed by Byte June 10: Byte paid $23,000 on the balance it owed co the June 2 purchase of computer June 14: A one-year insurance policy covering its computer eqaipment was purchased by Byte for 07. 08. 5,304 in cash. The effective date of the policy was June 1 6 r conssaltation revenue of Si,750 was received. 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 lot on which the building is located is valued ui $17,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment ofr ST0,700 and executed a mongage for the balance. The mortgage is payable in eight June 17: Cash of $9,600 was paid for rent for June, July, August and September. Put the total ln 21 Billed arisoses misel laneous locel customers $4,400 for consalhing Services performed. June 2