I'm off by $470 on my balance sheet and can't find out where?

AWorksheetlG21 A Byte of Accounting, Inc. Balance Sheet As of June 30, 2019 Not in Balance by $470 Assets Current Assets $ 19,879.00 $ 6,191.00 $ 235.00 $ 4,800.00 $ 292.00 31,397.00 Cash Accounts Receivable Prepaid Insurance Prepaid Rent Office Supplies Total Long-Term Assets $2,580.00 Office Equip Accum. Depr.-Office Equip. Computer Equip Accum. Depr.-Computer Equip 24.76 $ 2,555.22 $204,270.00 3,404.50 $200,865.50 $ 80,000.00 Building Cost Accum. Depr.-Building 23 24 73.57 $ 79,926.43 15,000.00 Land Total 26 27 28 29 30 31 32 $ 298,347.15 329,744.15 Total Assets Liabilities Current Liabilities $ 2,480.00 Accounts Payable Advanced Payment Interest Payable Salaries Payable Income Taxes Payable Total 34 35 $ 1,278.39 $501.00 $ 929.95 36 37 38 39 5,189.34 Changes in Retained Earnings Balance Sheet Worksheet Income Statement | Ready Long-Term Liabilities 85,500.00 97,000.00 Mortgage Payable Notes Payable Total Total Liabilities 182,500.00 $187,689.34 Stockholder's Equity $139,860.00 1,724.83 Capital Stock Retained Earnings Total 141,584.83 $ 329,274.17 Total Liabilities and Stockholder's Equity General Journal Worksheet Income Statement Changes in Retained Earnings Balance She June 1: Byte of Accounting, Inc. acquired S70.200 in cash from Lauryn and issued 2,600 shares of its common stock 01 June 1: Byte of Accounting. Ine. issued 2,580 shares of its common stock to Peyton Taylor after S29,430 in cash and computer equipment with a fair market value of $40,230 were received 02. June 1: Byte of Accounting, Inc. issued 1,920 shares of its common stock after acquiring from Courtney $36,450 in cash, computer equipment with a fair market value of $14,040 and office equipment with a fair value of S1,350 03. June 2: A down payment of S30,000 in cash was made on additional computer equipment that was purchased for $150,000. A five.year note was executed by Byte for the balance 04 une 4: Additional office equipment costing $600 was purchased on credit from Discount Computer Corporation. 05 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 June 10: Byte paid $23,000 on the balance it owed on the June 2 purchase of computer equpment. 07 June 14: A one-year insurance policy covering its computer equipment was purchased for $5,640 in cash. The effective date of the policy was June 16 by Byte 08 June 16: A check in the amount of $6,500 was received for consulting revenuce, 09 June 16: Byte purchased a building and the land it is on for $95,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $15,000o Innme Statement Chances in Retained Earninqs Balance S Format Painter8U Clipboard Number Name Debit 19,879.00 Debit Credit re Debit Credit 1110 Cash 1120 Accounts Receivable 19,879.00 6,191.00 5,000.00 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip 235.00 235.00 7.200.00 705.00 2,580.00 2,400.00 4,800.00 292.00 2,580.00 413.00 1212 Accum. Depr.-Office Equip. 1311 Computer Equip 1312 Accum. Depr-Computer Equip 1411 Building Cost 1412 Accum. Depr-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 2106|Income Taxes Payable 2201 Mortgage Payable 2202 Notes Payable 3100 Capital Stock 3200 Retained Earnings 3300 Dividends 204,270.00 80,000.00 15,000,00 204,270.00 80,000.00 15,000.00 3,404.50 3,404.50 73.57 2,480.00 2.480.00 1,278.39 1,278.39 501.00 929.95 85,500.00 97,000.00 139,860.00 929.95 85,500.00 97,000.00 139,860.00 1065.00 1.065.00 4100 Computer&Consulting Revenue 16,915.00 5,000.00 21,915.00 5010 Rent Expense 2,400.00 501.00 2.400.00 5020 Salary Expense 1,670.00 475.00 1,265.00 815.00 5030 Advertising Expense 5040 Repairs & Maint. Expense 5050 Oil & as Expense 5080 Sups Expense 5090 Interest Experre 5100 Insurance Expense 5110 Depreciation Expense 475.00 1,265.00 815.00 413.00 1,278.39 5,875.00 3,502.83 929.95 413.00 1,278.39 235.00 3.502.83 929.95 5,640 00 15120 Income Tax Expense 4. 16 General Journal Worksheet Changes in Retained Earnings Income Statement Balance Sheet How to Crea June 16: Byte purchased a building and the land it is on for $95,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $15,000 The balance of the cost is to be allocated to the building. Byte made a cash down payment of $9,500 and executed a mortgage for the balance. The mortgage is payable in eight equal anmual installments beginning July1 10. June 17: Cash of $7,200 was paid for rent for June, July and August. Put the total amount into the Prepaid Rent account June 17: Received a bill of S475 from the local newspaper for advertising June 21: Accounts payable in the amount of $180 were paid June 21: A fax machine for the 14 June 21: A fiax machine for the office was purchased for S750 cash June 21: Billed various miscellaneous local customers $4,400 for consulting services performed. June 22: Paid salaries of S835 to equipment operators for the week ending June 18 15 516 6 June 22: Received a bill for S1,265 from Computer Parts and Repair Co. for repairs to the computer equipment 17 7 38 9 18June 22 Paid the advertising bill that was received on June 17 June 23: Purchased office supplies for $705 on credit. Record the purchase as an increase to the assets 19 43 20. June 23: Cash in the amount of S3,525 was received on billings. 21. June 28. Billed $6,015 to miscellaneous customers for services perfornned to June 25 June 29 Paid the bill received on Jne 22, from Computer Parts and Repairs Co. une 29: Cash in the amount of $5,699 was received for billings 47 48 49 23 24. June 29: Paid salaries of $835 to equipment operators for the week ending June 25 51 52 53 June 30: Received a bill for the amount of $815 from O & G Oil and Gas Co. June 30: Paid a cash dividend of S0.22 per share to the three shareholders of Byte. from the first three transactions.] Adjusting Entries - Round to two decimal places The rent payment made on June 17 was for June, July and August, Expense the amount 25 26. IMPORTANT NOTE: The number of shares of capital stock outstanding can be determined 56 58 27 associated with one month's rent 59 60 A physical inventory showed that only $292.00 worth of office supplies remained on hand as of 28 June 30 The annual interest rate on the mortgage payable was 8.75 percent Interest expense for one- incurred on June 16. Information relating to the prepaid insurance may be obtained from the transaction recorded on 61 62 29. half month should be computed because the building and land were purchased aud the liability 63 64 30 June 14. Expeuse the amount associated with oue half month's insurance 65 A review of Byte's job worksheets show that there are unbilled revenues in the amount of 31 $5,000 for the period of June 28-30 67 69 32. The fixed assets have estimated useful lives as follows 70 71 72 Building -31.5 years Computer Equipment- 5.0 years Office Equipment-7.0 years Use the straight-line method of depreciation. Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The building's scrap value is $7,000. The office equipment has a scrap value of $500. The computer equipment has no scrap value. Calculate the depreciation for one month 73 74 A review of the payroll records show that umpaid salaries in the amount of $501.00 are owed by Byte for three days, June 28-30 75 76 The note payable relating to the June 2, and 10 transactions is a five-year note, with interest at rate of 12 percent anmually Interest expense should be computed based on a 360 day year IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was 78 On June 10, eight days later, $23,000 was repaid. Interest expense must be calculated on the S120,000 for eight days. In addition, interest expense on the $97,000 balance of the loan ($120,000 less S23,000 $97,000) must be calculated for the 20 days remaining in the month of June] 79 80 81 35 Income taxes are to be computed at the rate of 25 percent of net income before taxes IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement. 82 83 84 85 Closing Entries 83 84 Closing Entries 85 86 Close the revenue accounts. 36. 87 88 37. Close the expense accounts. 89 90 38. Close the income summary account. 91 92 39. Close the dividends account. 93 94 95 96 97 98 Income Statement For Month Ending June 30, 2019 Revenues $21,915.00 Computer &Consulting Revenue Expenses 2,400.00 2,171.00 $ 475.00 Rent Expense Salary Expense Advertising Expense Repairs & Maint. ExpenseS 1,265.00 Oil & Gas Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense 815.00 $ 413.00 1,278.39 5,875.00 3,502.83 Total Net Income Before Tax Income Tax Expense (Round to two decimal places) Net Income After Tax 18,195.22 $3,719.78 929.95 2,789.83 Statement of Changes in Retained Earnings For Month Ending June 30, 2019 Total Balance, Beginning of Period 2,789.83 2,789.83 1,065.00 1,724.83 Net Income Dividends Balance, End of Period