The last picture is all I need hep with but the top pictures are for refural.

LE aste ilil | IM 28 BIU---A Merge & Center $ %) Alignment SIGN IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaeltawes@student.midlandstech.edu lipboard Number 15 Font 1 B Byte of Accounting, Inc. Michael Tawes 9477 Transaction Description of transaction 01. June 1: Byte of Accounting, Inc. issued 2,600 shares of its common stock to Jeremy after $30,740 in cash and computer equipment with a fair market value of $44,660 were received. 02. June 1: Byte of Accounting, Inc. issued 2,368 shares of its common stock after acquiring from Courtney $50,750 in cash, computer equipment with a fair market value of $16,820 and office equipment with a fair value of $1,102. 6 7 03. June 1: Byte of Accounting, Inc. acquired $87,000 in cash from Michael Tawes and issued 3,000 shares of its common stock. 8 9 04. June 2: A down payment of $29,000 in cash was made on additional computer equipment that was purchased for $145,000. 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 12 Times New Roman General - A = = = 2 Wrap Text BIU - - - A Merge & Center ste $ -% to 9 pboard Font Alignment Number SIGN IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaelctawesstudent.midlandstech.edu 4 x & 11 A B 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. 07. June 10: Byte paid $22,250 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 $6,144 in cash. The effective date of the policy was June 16. 09. June 16: Computer consultation revenue of $6,500 was received. 10. June 16: Byte purchased a building and the land it is on for $125,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $20,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $12,500 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1. 3 11. June 17: Cash of $4,200 was paid for rent for June and July. Put the total amount into the Prepaid Rent account Times New Roman 12 10 ce Wrap Text General 60 .00 BIU $ % A Merge & Center Font Alignment Number IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaelctawes@student.midlandstech.edu X 11 B 12. June 17: Received a bill of $250 from the local newspaper for advertising 13. June 21: Billed various miscellaneous local customers $4,200 for consulting services performed. 14. June 21: A fax machine for the office was purchased for $775 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 $1,265 from Computer Parts and Repair Co. for repairs to the computer equipment 18. June 22: Paid salaries of $810 to equipment operators for the week ending June 18. 19. June 23: Cash in the amount of $3,365 was received on billings. 20. June 23: Purchased office supplies for $555 on credit. Record the purchase as an increase to the assets se Insert Page Layout Formulas Data Review View Help Times New Roman 12 A A E General 29 Wrap Text Merge & Center BIU Font Alignment Number TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaelctawes@student.midlandstech.eu 11 B 21. June 28: Billed $5,595 to miscellaneous customers for services performed to June 25. 22. June 29: Cash in the amount of $5,300 was received for billings. 23. June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. 24. June 29: Paid salaries of $810 to equipment operators for the week ending June 25. 25. June 30: Received a bill for the amount of $790 from O&G Oil and Gas Co. 26. June 30: Paid a cash dividend of $0.18 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 $225.00 worth of office supplies remained on hand as of Chart of Accounts Transactions General Journal Worksheet Income Statement Change Type here to search o Times New Roman 12 ' ' SE 29 Wrap Text General BIU- A- Merge & Center $ - % 8-98 Font Alignment Number N IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaeltawes@student.midlandstech.edu x & fx 11 A B 28. A physical inventory showed that only $225.00 worth of office supplies remained on hand as of June 30 29. The annual interest rate on the mortgage payable was 9.00 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 $5,500 for the period of June 28-30. 32. The expense for depreciation follows: Building - $249.00 Computer Equipment - $3,054.00 Office Equipment - $29.00 Chart of Accounts Transactions General Journal Worksheet Income Statement Change Type here to search ORA e BI Font SA Merge & Center $ - %98- ipboard Alignment Number SIGN IN TO OFFICE it looks like your stored credentials are out of date. Please sign in as michaeltawesstudent.midlandstech.edu so w 34 X f 11 A B 35. Income taxes are to be computed at the rate of 25 percent of net income before taxes. IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement.] Closing Entries 36. Close the revenue accounts 37. Close the expense accounts 3 38. Close the income summary account 39. Close the dividends account. 1 2 3 4 5 6 Chart of Accounts Transactions General Journal Worksheet Income Statement Changes Type here to search o e LE aste ilil | IM 28 BIU---A Merge & Center $ %) Alignment SIGN IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaeltawes@student.midlandstech.edu lipboard Number 15 Font 1 B Byte of Accounting, Inc. Michael Tawes 9477 Transaction Description of transaction 01. June 1: Byte of Accounting, Inc. issued 2,600 shares of its common stock to Jeremy after $30,740 in cash and computer equipment with a fair market value of $44,660 were received. 02. June 1: Byte of Accounting, Inc. issued 2,368 shares of its common stock after acquiring from Courtney $50,750 in cash, computer equipment with a fair market value of $16,820 and office equipment with a fair value of $1,102. 6 7 03. June 1: Byte of Accounting, Inc. acquired $87,000 in cash from Michael Tawes and issued 3,000 shares of its common stock. 8 9 04. June 2: A down payment of $29,000 in cash was made on additional computer equipment that was purchased for $145,000. 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 12 Times New Roman General - A = = = 2 Wrap Text BIU - - - A Merge & Center ste $ -% to 9 pboard Font Alignment Number SIGN IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaelctawesstudent.midlandstech.edu 4 x & 11 A B 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. 07. June 10: Byte paid $22,250 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 $6,144 in cash. The effective date of the policy was June 16. 09. June 16: Computer consultation revenue of $6,500 was received. 10. June 16: Byte purchased a building and the land it is on for $125,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $20,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $12,500 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1. 3 11. June 17: Cash of $4,200 was paid for rent for June and July. Put the total amount into the Prepaid Rent account Times New Roman 12 10 ce Wrap Text General 60 .00 BIU $ % A Merge & Center Font Alignment Number IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaelctawes@student.midlandstech.edu X 11 B 12. June 17: Received a bill of $250 from the local newspaper for advertising 13. June 21: Billed various miscellaneous local customers $4,200 for consulting services performed. 14. June 21: A fax machine for the office was purchased for $775 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 $1,265 from Computer Parts and Repair Co. for repairs to the computer equipment 18. June 22: Paid salaries of $810 to equipment operators for the week ending June 18. 19. June 23: Cash in the amount of $3,365 was received on billings. 20. June 23: Purchased office supplies for $555 on credit. Record the purchase as an increase to the assets se Insert Page Layout Formulas Data Review View Help Times New Roman 12 A A E General 29 Wrap Text Merge & Center BIU Font Alignment Number TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaelctawes@student.midlandstech.eu 11 B 21. June 28: Billed $5,595 to miscellaneous customers for services performed to June 25. 22. June 29: Cash in the amount of $5,300 was received for billings. 23. June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. 24. June 29: Paid salaries of $810 to equipment operators for the week ending June 25. 25. June 30: Received a bill for the amount of $790 from O&G Oil and Gas Co. 26. June 30: Paid a cash dividend of $0.18 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 $225.00 worth of office supplies remained on hand as of Chart of Accounts Transactions General Journal Worksheet Income Statement Change Type here to search o Times New Roman 12 ' ' SE 29 Wrap Text General BIU- A- Merge & Center $ - % 8-98 Font Alignment Number N IN TO OFFICE It looks like your stored credentials are out of date. Please sign in as michaeltawes@student.midlandstech.edu x & fx 11 A B 28. A physical inventory showed that only $225.00 worth of office supplies remained on hand as of June 30 29. The annual interest rate on the mortgage payable was 9.00 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 $5,500 for the period of June 28-30. 32. The expense for depreciation follows: Building - $249.00 Computer Equipment - $3,054.00 Office Equipment - $29.00 Chart of Accounts Transactions General Journal Worksheet Income Statement Change Type here to search ORA e BI Font SA Merge & Center $ - %98- ipboard Alignment Number SIGN IN TO OFFICE it looks like your stored credentials are out of date. Please sign in as michaeltawesstudent.midlandstech.edu so w 34 X f 11 A B 35. Income taxes are to be computed at the rate of 25 percent of net income before taxes. IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement.] Closing Entries 36. Close the revenue accounts 37. Close the expense accounts 3 38. Close the income summary account 39. Close the dividends account. 1 2 3 4 5 6 Chart of Accounts Transactions General Journal Worksheet Income Statement Changes Type here to search o e