revenue of $7,000 was received 2009June 16: Computer June 16: Byte purchased a building and the land it is on for $131,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $21,000. 10.The balance of the cost is to be allocated to the building. Byte made a cash down payment of $13,100 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1 23 24 26 12.June 17: Received a bill of $425 from the local newspaper for advertising. eated June 17: Cash of $5,400 was paid for rent for June, July and August. Put the total amount into the Prepaid Rent account on this 25 27 le, you 2813 June 21: Billed various miscellaneous local customers $4,200 for consulting services performesd 29 30 14une 21: A fax machine for the office was purchased for $750 cash 31 3215. June 21: Accounts payable in the amount of $480 were paid 16June 22: Paid the advertising bill that was received on June 17 34 35 June 22: Received a bill for $1,115 from Computer Parts and Repair Co. for repairs to the computer equpment 36 37 38 18.June 22: Paid salaries of $835 to equipment operators for the week ending June 18 39 Introduction FAQWelcome Chart revenue of $7,000 was received 2009June 16: Computer June 16: Byte purchased a building and the land it is on for $131,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $21,000. 10.The balance of the cost is to be allocated to the building. Byte made a cash down payment of $13,100 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1 23 24 26 12.June 17: Received a bill of $425 from the local newspaper for advertising. eated June 17: Cash of $5,400 was paid for rent for June, July and August. Put the total amount into the Prepaid Rent account on this 25 27 le, you 2813 June 21: Billed various miscellaneous local customers $4,200 for consulting services performesd 29 30 14une 21: A fax machine for the office was purchased for $750 cash 31 3215. June 21: Accounts payable in the amount of $480 were paid 16June 22: Paid the advertising bill that was received on June 17 34 35 June 22: Received a bill for $1,115 from Computer Parts and Repair Co. for repairs to the computer equpment 36 37 38 18.June 22: Paid salaries of $835 to equipment operators for the week ending June 18 39 Introduction FAQWelcome Chart