Please journalize 37-48, the previous table is only for peripheral information for the questions requested. Please format as if being entered in a general ledger! Thank you!

	Byte of Accounting
	The Byte of Accounting Corporation was started by Lauryn on January 1st of last year and she was the only stockholder. They sell turn-key computer systems to midsize businesses. They do not physically inventory any hardware as everything that clients want are drop shipped directly from the suppliers to the client's location. Upon delivery of the hardware Byte is notified and Byte's employees install, modify and test the new items.
	Description of transaction
01.	December 1: Alex made an investment in Byte of Accounting, Inc., by purchasing 2,700 shares of its common stock paying $48,600.00 in cash. The par value of the common stock was $16.00 per share.
02.	December 3: Purchased a Ricoh Color copier for $4,900.00. The invoice number was 61298. We paid 10% and signed a 3 year note for the remaining balance. Interest at a rate of 6% a year will be paid semiannually.
03.	December 3: Check # 6001 for $2,300.00 was paid for rent of the office space for December. Rent is journalized to the prepaid rent account.
04.	December 3: In response to requests from our customers we have decided to purchase and install Super Toners at our clients locations. We received 15 Super Toners for resale to our customers at a cost of $24.00 per toner. The Invoice number was 7249, and we will pay them within 30 days.
05.	December 10: Sold 10 Super toners to a customer on account for $56.00 each. The Sales order number was 12100, record the Sales Revenue.
06.	December 10: Sold 10 Super toners to a customer on account for $56.00 each. The Sales order number was 12100, record the Cost of Goods Sold, using FIFO.
07.	December 11: Check # 6002 was used to pay salaries of $2,000.00 to equipment operators. Ignore payroll taxes.
08.	December 14: Check # 6003 was used to purchase a one-year insurance policy covering its computer equipment for $6,552.00 from Seth's Insurance. The effective date of the policy was December 16 and the invoice number was 2387.
09.	December 15: Lauryn paid $2,476.00 for airline tickets to send the kids to Grandma Ellen's for the holiday.
10.	December 16: Received 4 Super Toners for resale to our customers. The cost was $25.00 per toner. The Invoice number was 7359, and we will pay them within 30 days.
11.	December 17: We were informed that Mr. Madoff who has an account with us will never pay the $478.00 he owes us. Record the transaction to write off Mr. Madoff's accounts receivable account using the allowance method.
12.	December 17: Received invoice number 26354 in the amount of $650.00 from the local newspaper for advertising.
13.	December 18: Check # 6004 was used to pay Accounts Payable in the amount of $420.00
14.	December 19: Sold 6 Super toners to a customer on account for $56.00 each. The Sales order number was 12100, record the Sales Revenue.
15.	December 19: Sold 6 Super toners to a customer on account for $56.00 each. The Sales order number was 12100, record the Cost of Goods Sold, using FIFO.
16.	December 21: Record the cost of computers for various customers on account, $5,500.00.
17.	December 21: Billed various miscellaneous local customers $11,000.00 for computers that cost us $5,500.00, record the Sales Revenue.
18.	December 21: Billed various miscellaneous local customers $11,000.00 for computers that cost us $5,500.00, record the Cost of Goods Sold.
19.	December 22: Check # 6005 was used to pay salaries of $2,000.00 to equipment operators. Ignore payroll taxes.
20.	December 22: Received a bill for $1,215.00 from Computer Parts and Repair Co. for repairs to the computer equipment. The invoice number was 43254.
21.	December 22: Check # 6006 was used to pay the advertising bill that was previously received and recorded from the local newspaper for advertising, invoice number 26354.
22.	December 22: Received 11 Super Toners for resale to our customers. The cost was $27.00 per toner. The Invoice number was 7988, and we will pay them within 30 days.
23.	December 23: Cash from customers in the amount of $20,475.00 was received on billings.
24.	December 23: Record the cost of computers for various customers on account, $6,750.00.
25.	December 28: Billed various miscellaneous local customers $13,500.00 for computers that cost us $6,750.00, record the Sales Revenue.
26.	December 28: Billed various miscellaneous local customers $13,500.00 for computers that cost us $6,750.00, record the Cost of Goods Sold.
27.	December 28: Paid the bill that was previously received and recorded from Computer Parts and Repairs Co with Check # 6007 . The invoice number was 43254.
28.	December 29: Cash from customers in the amount of $1,430.00 was received on billings.
29.	December 29: Received a bill for the amount of $680.00 from AT&T for the telephone. The invoice number was 784537.
30.	December 30: Check # 6008 was used to pay salaries of $2,000.00 to equipment operators. Ignore payroll taxes.
31.	December 30: Check # 6009 was used to pay was used to pay for a cash dividend of $.35 per share to Lauryn, a shareholder of Byte.
32.	December 30: Check # was used to pay was used to pay for a cash dividend of $.35 per share to Alex, a shareholder of Byte.
33.	December 30: Received a $7,715.00 check from Alex Corporation for merchandise ordered which will be delivered January 16th.
34.	December 31: On January 1, Byte received $128,926.80 when they issued a $120,000.00, 7%, 10 year bond. Interest is to be paid semiannually on June 30 and December 31. The market rate was 6%. This entry was never recorded.
35.	December 31: Please record the timely interest payment for the bond using the straight line method that was made on June 30th, with check # 5367. This entry was never recorded..
36.	December 31: Please record the timely interest payment for the bond using the straight line method that was made on December 31st, with check # 6010.

Chart of accounts to be used for the journal entries:

Adjusting Entries - Record the following adjusting entries in the general journal. Round to two decimal places. =Round (number or formula.2). The monthly rent payment is $2,300.00. Expense the amount associated with twelve month's rent. 38. A physical inventory showed that only $686.00 worth of general office supplies remained on hand as of December 31. 39. The interest on the note for the Ricoh Color copier will be paid every six months. Record the December accrued interest on the note payable for the Ricoh purchase on December 1st 40. Record a journal entry to reflect that one half month's insurance has expired. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $9,630.00 for computers that cost $4,815.00, record the cost of the computers on account. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $9,630.00 for computers that cost $4,815.00, record the Sales Revenue from the computers. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $9,630.00 for computers that cost $4,815.00, record the Cost of Goods Sold of the computers. Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The computer equipment was purchased last January for $20,000.00 and it has an estimated useful life of 5.0 years with no salvage value. Calculate the depreciation for one year using the straight-line method of depreciation. The Ricoh Color copier, part of the office equipment, is estimated to be able to make 480,000 copies and have a salvage value of $500.00. During December 8,000 copies were made. Calculate the depreciation for one year using the activity based method of depreciation. 46. The remaining office equipment, $66,100.00, was purchased last January and has an estimated useful life of 10.0 years with a salvage value of $3,100.00. Calculate the depreciation for one year using the straight- line method of depreciation. 47. A review of the payroll records show that unpaid salaries in the amount of $1,200.00 are owed by Byte for three days, December 28 - 31. Ignore payroll taxes. 48. Our CPA has informed us to estimate that 5.00% of the outstanding Accounts Receivable will be uncollectable. Record the bad debt expense using the allowance method. Name Normal Balance Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Prepaid Rent Office Supplies Inventory Office Equipment Accum. Depr.-Office Equip. Computer Equipment Accum. Depr.-Computer Equip. Accounts Payable Unearned Revenue Interest Payable Salaries Payable Income Taxes Payable Notes Payable Bond Payable Premium on Bond Payable Capital Stock Paid in Capital in Excess of Par Retained Earnings Dividends Sales Revenue Rent Expense Salary Expense Advertising Expense Repairs & Maint. Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense Bad Debt Expense Telephone Expense Income Tax Expense Cost of Goods Sold Debit Debit Credit Debit Debit Debit Debit Debit Credit Debit Credit Credit Credit Credit Credit Credit Credit Credit Credit Credit Credit Credit Debit Credit Debit Debit Debit Debit Debit Debit Debit Debit Debit Debit Debit Debit cut