Transaction	Description of transaction
01.	June 1: Byte of Accounting, Inc. acquired $42,000 in cash from Lauryn and issued 2,000 shares of its common stock.
02.	June 1: Byte of Accounting, Inc. issued 2,550 shares of its common stock to Justin Mesmer after $22,260 in cash and computer equipment with a fair market value of $31,290 were received.
03.	June 1: Byte of Accounting, Inc. issued 2,045 shares of its common stock after acquiring from Courtney $30,450 in cash, computer equipment with a fair market value of $11,760 and office equipment with a fair value of $735.
04.	June 2: A down payment of $31,000 in cash was made on additional computer equipment that was purchased for $155,000. A five-year note was executed by Byte for the balance.
05.	June 4: Additional office equipment costing $400 was purchased on credit from Discount Computer Corporation.
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 $23,750 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.
09.	June 16: A check in the amount of $8,250 was received for consulting revenue.
10.	June 16: Byte purchased a building and the land it is on for $137,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $22,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $13,700 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1.
11.	June 17: Cash of $7,200 was paid for rent for June, July, August and September. Put the total amount into the Prepaid Rent account.
12.	June 17: Received a bill of $450 from the local newspaper for advertising.
13.	June 21: Accounts payable in the amount of $320 were paid.
14.	June 21: A fax machine for the office was purchased for $825 cash.
15.	June 21: Billed various miscellaneous local customers $4,700 for consulting services performed.
16.	June 22: Paid salaries of $885 to equipment operators for the week ending June 18.
17.	June 22: Received a bill for $1,290 from Computer Parts and Repair Co. for repairs to the computer equipment.
18.	June 22: Paid the advertising bill that was received on June 17.
19.	June 23: Purchased office supplies for $505 on credit. Record the purchase as an increase to the assets.
20.	June 23: Cash in the amount of $3,765 was received on billings.
21.	June 28: Billed $5,910 to miscellaneous customers for services performed to June 25.
22.	June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co.
23.	June 29: Cash in the amount of $5,600 was received for billings.
24.	June 29: Paid salaries of $885 to equipment operators for the week ending June 25.
25.	June 30: Received a bill for the amount of $940 from O & G Oil and Gas Co.
26.	June 30: Paid a cash dividend of $0.21 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.]