creating journal entries for the descriptions of transcriptions

01. June 1: Byte of Accounting, Inc, acquired $52,000 in cash from Lauryn and issued 2,000 shares of its common stock. 02. June 1: Byte of Accounting, Inc. issued 2,580 shares of its common stock to DeAcian- after $27,560 in cash and computer equipment with a fair market value of $39,520 were received. June 1: Byte of Accounting, Inc. issued 2,536 shares of its common stock after acquiring from Courtney $50,700 in cash, computer equipment with a fair market value of $14,560 and office equipment with a fair value of $676. June 2: A down payment of $36,000 in cash was made on additional comiputer equipment that was purchased for $180,000. 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. B June 8: Unsatisfactory office equipment costing $80 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. June 10: Byte paid $27,500 on the balance it owed on the June 2 purchase of computer equipment. June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for $6,312 in cash. The effective date of the policy was June 16. 09. June 16: A check in the amount of $7,000 was recerved for consulting revenue. 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 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 . 11. June 17. Cash of $3,200 was paid for rent for June and July. Put the total amount into the Prepaid Rent account. Transactions General Journal worksheet intome Statement Changes in Retained Earnings [1] 2913. June 21: Accounts payable in the amount of $320 were paid. 3114 June 21 A fax machine for the office was purchased for $650cash 32.15. June 21: Billed various miscellaneous local customers $4,000 for consulting services performed. \begin{tabular}{l|l|l|} 34 \\ 35 & 16. & June 22: Paid salaries of $1,010 to equipment operators for the week ending June 18. \\ 36 & 17. & June 22: Received a bill for $1,290 from Computer Parts and Repair Co. for repairs to the \\ \hline 37 & computer equipment. \end{tabular} 20. June 23: Cash in the amount of $3,205 was received on billings. 21. June 28: Billed $5,700 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 $5,400 was received for billings. 24. June 29: Paid salaries of \$1,010 to equipment operators for the week ending June 25. 25. June 30: Received a bill for the amount of $840 from O&G Oil and Gas Co. June 30: Paid a cash dividend of $0.19 per share to the three shareholders of Byte. [IMPORTANT NOTE: The number of shares of capital stock outstanding can be determined from the first three transactions] Adjusting Entries - Round to two decimal places. 27. The rent payment made on June 17 was for June and July. Expense the amount associated with Transactions General Joumal Workstieet Incomestatement Changes in Retained Earnings .... A Byte of Accounting, Inc. General Journal A Byte of Accounting, Inc. General Journal Note: You can only enter data into the yellow filled cells. Note: You can only enter data into the yellow filled cells. General Journal 3 Note: You can only enter data into the yellow filled cells