Transaction Byte of Accounting, Inc. Devin Glasgo 8275 Description of transaction 01. 02. 03. 04. 05. 06. 07. June 1: Byte of Accounting, Inc. acquired $100,800 in cash from Lauryn and issued 3,600 shares of its common stock. June 1: Byte of Accounting, Inc. issued 2,580 shares of its common stock to Devin Glasgo after $29,960 in cash and computer equipment with a fair market value of $42,280 were received. June 1: Byte of Accounting, Inc. issued 2,414 shares of its common stock after acquiring from Courtney $54,600 in cash, computer equipment with a fair market value of $11,760 and office equipment with a fair value of $1,232. 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. June 4: Additional office equipment costing $300 was purchased on credit from Discount Computer Corporation. June 8: Unsatisfactory office equipment costing $60 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. June 10: Byte paid $22,250 on the balance it owed on the June 2 purchase of computer equipment.