Transaction 34 01. 02. 03. 04. 05. 06. Description of transaction June 1: Hudson Bloom invested $134,552.00 cash and computer equipment with a fair market value of $32,560.00 in his new business, Byte of Accounting. June 1: Check # 5000 was used to purchased computer equipment costing $11,880.00 from Heidi Warren. The invoice number was 20117. June 1: Check # 5001 was used to purchased office equipment costing $572.00 from Office Express. The invoice number was 87417. 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 by Byte for the balance. June 4: Additional office equipment costing $500.00 was purchased on credit from Discount Computer Corporation. The invoice number was 98432. June 8: Unsatisfactory office equipment costing $100.00 from invoice number 98432 was returned to Discount Computer for credit to be applied against the outstanding balance owed by D. Instructions FAQ Welcome Accessibility Investigate Chart of Accounts Transactions General Journal Workshe 23 24 07. 08. 09. 10 10. 25 11. 26 27 28 2222 12. June 10: Check # 5003 was rd to make a $27,500.00 payment reducing the principal owed on the June 2 purchase of computer equipment from Royce Computers. June 14: Check # 5004 was used to purchase a one-year insurance policy covering its computer equipment for $6,312.00 from Seth's Insurance. The effective date of the policy was June 16 and the invoice number was 2387. June 16: A check in the amount of $7,750.00 was received for services performed for Pitman Pictures. June 16: Byte purchased a building and the land it is on for $119,000.00 to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $19,000.00. The balance of the cost is to be allocated to the building. Check # 5005 was used to make the down payment of $11,900.00. A thirty year mortgage with an inital payement due on August 1st, was established for the balance. June 17: Check # 5006 for $3,600.00 was paid for rent for June and July. June 17: Received invoice number 26354 in the amount of $325.00 from the local newspaper for advertising. Instructions FAQ Welcome Chart of Accounts Transactions General Journal Workshe