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Deseription of transaction Thne 1 : Hudson BDom invested $ 1 5 2 , 9 4 . 0 0 cash and computer equipment with a
Deseription of transaction
Thne : Hudson BDom invested $ cash and computer equipment with a fair market value of S in his new busines, Byte of Accounting.
Tune : Check wes used to purchased computer equipment costing from George Oho. The involoe number wes :
June Check was used to purchased office equipment costing from Offlee Express. The innolec number was
June : Check was used to make a down payment of $ on additional computer equipment that was purchased from Royee Computers, involee number The full price of the computer was A tweyear note was executed by Byte for the balance.
June : Additional office equipment costing $ was purchased on credit from Discount Computer Corporation. The involce number was
June : Unsatisfactory office equipment costing $ from invoice number was returned to Discount Computer for credit to be applied against the outgianding balance owed by Byte.
June : Check if was used to make a $ payment reducing the principal owed on the June purchase of computer equipmient from Royec Computers.
June : Check # was used to purchase a oneyear insurance policy covering its computer equipment for $ from Seth's Insuranec. The effectlve date of the policy was June and the Involice number Was B
June : A check in the amount of $ was received for serviees performed for Pitman Pictures.
June : Byte purchased a building and the land it is on for to house its repair faclities and to store computer equipment. The lot on which the building is located is valued at S The balanee of the cost is to be allocated to the building. Check & was used to make the down payment of A thirty year mortgage with an Inital payement due on August Ist, was eg tahnished fo
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