Description of transaction June 1: Byte of Accounting. Inc. issued 2.660 shares of its common stock to Jeremy after $25,070 n cash and computer equipment with a fair market value of $36,110 were received 01 June 1: Byte of Accounting. Inc. issued 1,822 shares of its common stock after acquiring from Courtney $31,050 in cash, computer equipment with a fair market value of $10,120 and office equipment with a fair value of $736 02. June 1: Byte of Accounting, Inc. acquired $78,200 in cash from Alyssa Buckmire and issued 3,400 shares of its common stock. 03. is June 2: A down payment of $36,000 in cash was made on additional computer equipment that was purchased for $180,000. A five-year note was executed by Byte for the balance. 04. 10 u 11 June 4: Additional office equipment costing $600 was purchased on credit from Discount Computer Corporation. 05 12 13 June 8: Unsatisfactory office equipment costing $120 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte 06. 14 June 10 Byte paid S27,500 on the balance it owed on the June 2 purchase of computer equipment 07 16 17 O%. June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for 08 S5,976 in cash. The effective date of the policy was June 16 Introduction FAOWelcome Chart