plz help

3 Transaction Description of transaction June 1: Byte of Accounting, Inc, issued 2,670 shares of its common stock to Jeremy after $31,080 in cash and computer equipment with a fair market value of $49,680 were received 01. 02. June 1: Byte of Accounting, Inc. issued 2,131 shares of its common stock after acquiring from Courtney $46,200 in cash, computer equipment with a fair market value of $12,320 and office equipment with a fair value of $1,148 03. June 1: Byte of Accounting, Inc. acquired $84,000 in cash from siham mansour and issued 3,000 shares of its common stock B 9 04. June 2: A down payment of $33,000 in cash was made on additional computer equipment that was purchased for $165,000. A five-year note was executed by Byte for the balance. 10 11 05. June 4: Additional office equipment costing $400 was purchased on credit from Discount Computer Corporation 12 13 06. June 8: Unsatisfactory office equipment costing $80 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. 14 15 16 17 07 June 10: Byte paid $25,250 on the balance it owed on the June 2 purchase of computer equipment, 08 June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for $4.968 in cash. The effective date of the policy was June 16, 18 19 20 09. June 16: Computer consultation revenue of S6,250 was received 21 10 June 16: Byte purchased a building and the land it is on for $149,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $24,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $14.900 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1. 22 June 17: Cash of $4,400 was paid for rent for June and July. Put the total amount into the Prepaid Rent 11. account 12. June 17: Received a bill of $325 from the local newspaper for advertising. 13. June 21: Billed various miscellaneous local customers $4,900 for consulting services performed. 14. June 21: A fax machine for the office was purchased for $675 cash. 15. June 21: Accounts payable in the amount of $320 were paid. 16. June 22: Paid the advertising bill that was received on June 17. 17. June 22: Received a bill for $1,315 from Computer Parts and Repair Co. for repairs to the computer equipment 7 18. June 22: Paid salaries of $960 to equipment operators for the week ending June 18. 3 9 19. June 23: Cash in the amount of $3,925 was received on billings 1 -2 20. June 23: Purchased office supplies for $580 on credit. Record the purchase an increase to the assets. 21. 14 5 June 28: Billed $5,385 to miscellaneous customers for services performed to June 25. 46 22 June 29: Cash in the amount of S5, 101 was received for billings 47 23 June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. 48 49 50 51 52 24. June 29: Paid salaries of $960 to equipment operators for the week ending June 25. 25. June 30: Received a bill for the amount of S815 from O&G Oil and Gas Co. 26. June 30: Paid a cash dividend of $0.16 per share to the three shareholders of Byte. (IMPORTANT NOTE: The number of shares of capital stock outstanding can be determined from the first three transactions.) Adjusting Entries - Round to two decimal places. 27. The rent payment made on June 17 was for June and July. Expense the amount associated with one month's rent. 28. A physical inventory showed that only $236.00 worth of office supplies remained on hand as of June 30. 29. The annual interest rate on the mortgage payable was 7.00 percent. Interest expense for one-half month should be computed because the building and land were purchased and the liability incurred on June 16. 30. Information relating to the prepaid insurance may be obtained from the transaction recorded on June 14. Expense the amount associated with one half month's insurance, 31. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,375 for the period of June 28-30 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 $8,500. The office equipment has a scrap value of $300. The computer equipment has no scrap value. Calculate the depreciation for one month. 33. A review of the payroll records show that unpaid salaries in the amount of $576 are owed by Byte for three days, June 28 - 30. A Byte of Accounting, Inc. General Journal lote: You can only starts into the yellow fillede Transaction Date Account Debit Name Description Credit 01 02 03 04 05 06 07 + 3 Transaction Description of transaction June 1: Byte of Accounting, Inc, issued 2,670 shares of its common stock to Jeremy after $31,080 in cash and computer equipment with a fair market value of $49,680 were received 01. 02. June 1: Byte of Accounting, Inc. issued 2,131 shares of its common stock after acquiring from Courtney $46,200 in cash, computer equipment with a fair market value of $12,320 and office equipment with a fair value of $1,148 03. June 1: Byte of Accounting, Inc. acquired $84,000 in cash from siham mansour and issued 3,000 shares of its common stock B 9 04. June 2: A down payment of $33,000 in cash was made on additional computer equipment that was purchased for $165,000. A five-year note was executed by Byte for the balance. 10 11 05. June 4: Additional office equipment costing $400 was purchased on credit from Discount Computer Corporation 12 13 06. June 8: Unsatisfactory office equipment costing $80 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. 14 15 16 17 07 June 10: Byte paid $25,250 on the balance it owed on the June 2 purchase of computer equipment, 08 June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for $4.968 in cash. The effective date of the policy was June 16, 18 19 20 09. June 16: Computer consultation revenue of S6,250 was received 21 10 June 16: Byte purchased a building and the land it is on for $149,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $24,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $14.900 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1. 22 June 17: Cash of $4,400 was paid for rent for June and July. Put the total amount into the Prepaid Rent 11. account 12. June 17: Received a bill of $325 from the local newspaper for advertising. 13. June 21: Billed various miscellaneous local customers $4,900 for consulting services performed. 14. June 21: A fax machine for the office was purchased for $675 cash. 15. June 21: Accounts payable in the amount of $320 were paid. 16. June 22: Paid the advertising bill that was received on June 17. 17. June 22: Received a bill for $1,315 from Computer Parts and Repair Co. for repairs to the computer equipment 7 18. June 22: Paid salaries of $960 to equipment operators for the week ending June 18. 3 9 19. June 23: Cash in the amount of $3,925 was received on billings 1 -2 20. June 23: Purchased office supplies for $580 on credit. Record the purchase an increase to the assets. 21. 14 5 June 28: Billed $5,385 to miscellaneous customers for services performed to June 25. 46 22 June 29: Cash in the amount of S5, 101 was received for billings 47 23 June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. 48 49 50 51 52 24. June 29: Paid salaries of $960 to equipment operators for the week ending June 25. 25. June 30: Received a bill for the amount of S815 from O&G Oil and Gas Co. 26. June 30: Paid a cash dividend of $0.16 per share to the three shareholders of Byte. (IMPORTANT NOTE: The number of shares of capital stock outstanding can be determined from the first three transactions.) Adjusting Entries - Round to two decimal places. 27. The rent payment made on June 17 was for June and July. Expense the amount associated with one month's rent. 28. A physical inventory showed that only $236.00 worth of office supplies remained on hand as of June 30. 29. The annual interest rate on the mortgage payable was 7.00 percent. Interest expense for one-half month should be computed because the building and land were purchased and the liability incurred on June 16. 30. Information relating to the prepaid insurance may be obtained from the transaction recorded on June 14. Expense the amount associated with one half month's insurance, 31. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,375 for the period of June 28-30 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 $8,500. The office equipment has a scrap value of $300. The computer equipment has no scrap value. Calculate the depreciation for one month. 33. A review of the payroll records show that unpaid salaries in the amount of $576 are owed by Byte for three days, June 28 - 30. A Byte of Accounting, Inc. General Journal lote: You can only starts into the yellow fillede Transaction Date Account Debit Name Description Credit 01 02 03 04 05 06 07 +