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Make General journal, income statement, and balance sheet. CM2232xls [Com FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVEw vew Text Copy Format Painter Paste Clipboard

Make General journal, income statement, and balance sheet. image text in transcribed
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CM2232xls [Com FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVEw vew Text Copy Format Painter Paste Clipboard Font ignment Number x r L'iune : Byte of Ac counting, In-issued 2,6 O shares of its common stock to Jeremy aft 84 : 3 Transaction Description of transaction June 1: Byte of Accounting, Inc. issued 2,680 shares of its common stock to Jeremy after $24,420 in cash and computer equipment with a fair market value of $34,540 were received 01. 1: Byte of Accounting, Inc. issued 2,322 shares of its common stock after acquiring from equipment with a fair vabue of S704 June 1: Byte of Accounting, Inc, acquired $52,800 in cash from Cashmen Morell and issued $38,500 in cash, computer equipment with a fair market vaue of $11,880 and office 03. 2,400 shares of its common stock June 2: A down payment of $27,000 in cash was made on additional computer equipment that 10 was purchased for $135,000. A five-year note was executed by Byte for the balance. June 4: Additional office equipment costing $400 was purchased on credit from Discount 05 Computer Corporation 13 June 8: Unsatisfactory office equipment costing $80 was returned to Discount Computer for credit 06. to be applied against the outstanding balance owed by Byte 07 June 10. Byte paid $20,750 on the balance it owed on the June 2 parchase of computer June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for 56,144 in cash The effective date of the policy was June 16 08 9June 16 Computer consultation revenue of S8,000 was receivved June 16: Bvte ourchased a buildine and the land it is on for $113.000. to house its revair facilities Transactions General Journal Worksheet CM2232xls [Com FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVEw vew Text Copy Format Painter Paste Clipboard Font ignment Number x r L'iune : Byte of Ac counting, In-issued 2,6 O shares of its common stock to Jeremy aft 84 : 3 Transaction Description of transaction June 1: Byte of Accounting, Inc. issued 2,680 shares of its common stock to Jeremy after $24,420 in cash and computer equipment with a fair market value of $34,540 were received 01. 1: Byte of Accounting, Inc. issued 2,322 shares of its common stock after acquiring from equipment with a fair vabue of S704 June 1: Byte of Accounting, Inc, acquired $52,800 in cash from Cashmen Morell and issued $38,500 in cash, computer equipment with a fair market vaue of $11,880 and office 03. 2,400 shares of its common stock June 2: A down payment of $27,000 in cash was made on additional computer equipment that 10 was purchased for $135,000. A five-year note was executed by Byte for the balance. June 4: Additional office equipment costing $400 was purchased on credit from Discount 05 Computer Corporation 13 June 8: Unsatisfactory office equipment costing $80 was returned to Discount Computer for credit 06. to be applied against the outstanding balance owed by Byte 07 June 10. Byte paid $20,750 on the balance it owed on the June 2 parchase of computer June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for 56,144 in cash The effective date of the policy was June 16 08 9June 16 Computer consultation revenue of S8,000 was receivved June 16: Bvte ourchased a buildine and the land it is on for $113.000. to house its revair facilities Transactions General Journal Worksheet

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