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I need help with my journal entries but they have to be rounded two decimal places. Byte of Accounting, Inc. nsaction June I: Byte of

I need help with my journal entries but they have to be rounded two decimal places. image text in transcribed
image text in transcribed
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Byte of Accounting, Inc. nsaction June I: Byte of Accounting, Inc issued 2,670 shares of its common stock to Jleremy afer $23,520 in cash and computer equipment with a fair market value of $32 550 were received Description of transaction vrie wicker 1496 01 June I: Byte of Accounting, Inc issued 2,325 shares of its common stock after acquring Courtney $36,750 in cash, computer equipment with a fair markct value of $11,340 and office lequipment with a fair value of $735 June 1: Byte of Accounting, Inc. acqus shares of its common stock red SS46 00 in cash from ty 03 June 2: A down payment of $27,000 in cash was made on aditional computer equipment that was purchased for $135.000 A five-vear note was executed by Byte for the balance 04. June 4: Additional office oquipment costing $300 was purchased on crodit from Discount Computer 05. tion %JuneS: Unsatisfactory officequipment costing S60 was returned to Discouni Compuer for cred 06. to be applied against the outstanding balance owed by Byte June 10. Byte paid S20,750 on the balance it owed on the June 2 purchase of computer equipment Junc 14: A one-year insurance policy covering its computer equipment was purchased by Byte for 07 08 $5,976 in cash. The effective date of the policy was June 16 09.June 16: Computer consultation revenue of $7,500 was received June 16. Byte purchased a building and the land it is on for $101,000, to house its repair secilties and to store computcr equipment balance of the cost is to be allocated to the building. Byte made a cash down payment of $10,100 and exccuted a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July . The lot on which the building is located is valuod at $16,000. The June 17: Cash of $7,200 was paid for rent for Junc, July and August Put the total amount inlo the Prepaid Rent account 12 12June 17: Received a bill of $275 from the local newspaper for advertising June 21: Billed various miscellancous local customers 54:70rcrvices performed was purchased for $850 cash 15 J Accounts pavable in the amount

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