please help with transactions, the worksheet,income statement, and owner equity

A B June 1: Hudson Bloom invested $153,321.00 cash and computer equipment with a fair market value of $31,920.00 in his new business, Byte of Accounting. 01. 02 June 1: Check # 5000 was used to purchased computer equipment costing $12,600.00 from Ahmad sabla. The invoice number was 20117. 03. June 1: Check # 5001 was used to purchased office equipment costing $861.00 from Office Express. The invoice number was 87417. a 04 June 2: Check # 5002 was used to make a down payment of $36,000.00 on additional computer equipment that was purchased from Royce Computers, invoice number 76542. The full price of the computer was $180,000.00. A five-year note was executed 05 June 4: Additional office equipment costing $400.00 was purchased on credit from Discount Computer Corporation. The invoice number was 98432 06. June 8: Unsatisfactory office equipment costing S80.00 from invoice number 98432 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. 07 June 10: Check # 5003 was used to make a $27,500.00 payment reducing the principal owed on the June 2 purchase of computer equipment from Royee Computers. 08 June 14: Check # 5004 was used to purchase a one-year insurance policy covering its computer equipment for $5,472.00 from Seth's Insurance. The effective date of the policy was June 16 and the invoice number was 2387 20 09 June 16: A check in the amount of $6,500.00 was received for services performed for Pitman Pictures 09 June 16: A check in the amount of $6,500.00 was received for services performed for Pitman Pictures 21 22 10. June 16: Byte purchased a building and the land it is on for $107,000.00 to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $17,000.00. The balance of the cost is to be allocated to the building. Check # 5005 was used to make the down payment of $10,700.00. A thirty year mortgage with an inital pavement due on August 1st, was established for the 23 24 11. June 17: Check #5006 for $6,300.00 was paid for rent of the office space for June, July and August 25 26 12. June 17: Received invoice number 26354 in the amount of $350.00 from the local newspaper for advertising 27 28 13. 29 30 June 21: Accounts payable in the amount of $320.00 were paid with Check # 5007. 14 June 21: Check # 5008 was used to purchase a fax machine for the office from Office Machines Express for $725.00. The invoice number was 975.328. 31 32 15. June 21: Billed various miscellaneous local customers $4,500.00 for consulting services performed. 33 34 16. June 22: Check # 5009 was used to pay salaries of 5835.00 to equipment operators for the week ending June 18. Ignore payroll taxes. 35 36 17 June 22: Received a bill for $1,115.00 from Computer Parts and Repair Co. for repairs to the computer equipment. The invoice number wo: 43254, 37 9 B 38 C 18. 39 40 June 22: Check # 5010 was used to pay the advertising bill that was received on June 19 June 23: Purchased office supplies for $505.00 from Staples on account. The invoice number was 65498. 41 42 43 44 20. June 23: Cash in the amount of $3,605.00 was received on billings. 21. June 28: Billed $5,700.00 to miscellaneous customers for services performed to June 22. 47 June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co with Check #5011. 48 49 50 23. June 29: Cash in the amount of $5,400.00 was received for billings, 24. June 29: Check # 5012 was used to pay salaries of $835.00 to equipment operators for the week ending June 25. Ignore payroll taxes. 51 52 25 53 54 June 30: Received a bill for the amount of $965.00 from O&G Oil and Gas Co. The invoice number was 784537 26. June 30: Check #5013 was used to pay for airline tickets of $1.900,00 to send the kids to Grandma Ellen for the July 4th holiday 55 56 57 58 Adjusting Entries - Round to two decimal places. 27 59 80 The rent payment made on June 17 was for June, July and August. Expense the amount associated with one month's rent, A B The annual interest rate on the mortgage payable was 8.50 percent. Interest expense for one-half month should be computed because the building and land were purchase and the liability incurred on June 16. 29. 83 64 65 66 30. Record a journal entry to reflect that one half month's insurance has expired. 31 A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,375.00 for the period of June 28-30. 167 68 69 70 71 72 32 The fixed assets have estimated useful lives as follows: 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 $7,500.00. The office equipment has a scrap value of $450.00. The computer equipment has no scrap value. Calculate the depreciation for 73 74 33. A review of the payroll records show that unpaid salaries in the amount of $501.00 are owed by Byte for three days, June 28 - 30. Ignore payroll taxes. 75 76 77 78 34 The note payable to Royce Computers (transactions 04 and 107) is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day voar. IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144.000.00. On June 10. eieht days later. S27.500.00 was repaid. Interest calculated on the $144,000.00 for eight days. In addition, interest expense on the $116,500.00 balance of the loan ($144,000.00 less $27,500.00 = $116,500.00) must be calculated for the 20 days remaining in the month of June. 79 80 Transactions General Journal Worksheet Income Statement A94 X & fx A B 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 serap value is $7,500.00. The office equipment has a scrap value of $450.00. The computer equipment has no serap value. Calculate the depreciation for 73 74 33 A review of the payroll records show that unpaid salaries in the amount of $501.00 are owed by Byte for three days, June 28 - 30. Ignore payroll taxes. 75 76 77 78 34. The note payable to Royce Computers (transactions 04 and 07) 18 s five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed hared on a 360 day vear. [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144.000.00. On June 10. eieht days later. S27.500.00 was repaid. Interest calculated on the $144,000.00 for eight days. In addition, interest expense on the $116,500.00 balance of the loan ($144,000.00 less $27,500.00 = $116,500.00) must be calculated for the 20 days remaining in the month of June.] Closing Entries 35. Close the revenue accounts. 79 80 81 82 83 84 85 86 37 38 39 36.0. Close the expense accounts. 37. Close the income summary account. 38. Close the withdrawals account. 31 SENS H Credit Debit Credit Credit Debit 63,313700 6,570,00 C Debit 30000 19500 47200 6.300.00 50500 1.906.00 0.00 Debit 6900700 6,570.00 000 7 Number Name 100 Cash 9 1120 Accounts Receivable 1130 Prepaid Insurance H1 110 Prepaid Rent 12 Orice Supplies 13 Orice Equip 14 Aceum Dape Ofic Eur 95 Compre EUR 15 112 Acum Dept Computer Equip 17 1411 Building Cost 10 19 Acun Oluling 19 1500 Land 20 2100 Account Pau 21 2103 Advanced Raments 22 210 Style 23 26 Sales Pablo 29 2200 Morge Pole 20 2203 NOOR 27 3100 Hadson C 20 7200 Hudson Bloom Vith 29 30 100 Comune Consulting Revenge 31 300 Rent Espen BOROTSEpente 20 5030 Adwenende 34 5040 RAM pense 05 5000 Odense 36 Como Epplier pense 37 SONO Espanse 30 5100 nee Lene 5. Depresionante 000 90 000.00 000 17,000.00 0.00 000 0.00 000 000 0.00 0.00 150000 D Cleot 0.00 000 0.00 000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 000 1470.00 000 000 0.00 500.00 116,500.00 524100 0.00 E Debit Credit 0.00 0.00 5375.00 0.00 0.001 000 000 2.100.00 0.00 20200 0.00 0.00 0.00 000 000 0.00000 0.00 0.00 0.00 0.00 000000 0.000000 000 0.001 0.00 449.00 000 50100 000 0.00 600 0.00 0.00 0001 0.00 0.00 0.00 0001 167000 16.700.00 0.00 0.00 000 000 0.00 000 0.00 000 2,100.00 STO 0.00 000 0.00 20200 115.00 S300 0.00 000 0001 0.00 000 0.00 0.00 000 000 0.00 0.00 0700 000 . 0.00 000 000 4 4 4100 1600 To NET INCOME B B00 200 Transactions General Journal Worksheet Income Statement Ready Accessibility: Investigate Changes in Owner's Equity BO'F Clear 28. A physical inventory showed that only $202.00 worth of office supplies remained on hand as of June 30