Transaction Description of transaction 01 June 1 Byte of Accounting, Inc issued 2,610 shares of its common stock to Jeremy after $24,380 in cash and computer equipment with a fair market value of $35,650 were received 02 June 1 Byte of Accounting, Inc issued 1,959 shares of its common stock after acquiring from Courtney $31,050 in cash, computer equipment with a fair market value of $13,340 and office equipment with a fair value of $667 03 June 1 Byte of Accounting, Inc acquired $78,200 in cash from Justin feaster and issued 3,400 shares of its common stock 04 June 2 A down payment of $33,000 in cash was made on additional computer equipment that was purchased for $165,000 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 $25,250 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 $5,640 in cash The effective date of the policy was June 16 09 June 16 Computer consultation revenue of $7,000 was received 10 June 16 Byte purchased a building and the land it is on for $149,000, to house its repair facilities and to store computer equipment The lot on which the building is located is valued at $24,000 The balance of the cost is to be allocated to the building Byte made a cash down payment of $14,900 and executed a mortgage for the balance The mortgage is payable in eight equal annual installments beginning July 1

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Transaction Description of transaction 01. June 1: Byte of Accounting, Inc. issued 2,610 shares of its common stock to Jeremy after $24,380 in cash and

Transaction	Description of transaction
01.	June 1: Byte of Accounting, Inc. issued 2,610 shares of its common stock to Jeremy after $24,380 in cash and computer equipment with a fair market value of $35,650 were received.

02.	June 1: Byte of Accounting, Inc. issued 1,959 shares of its common stock after acquiring from Courtney $31,050 in cash, computer equipment with a fair market value of $13,340 and office equipment with a fair value of $667.

03.	June 1: Byte of Accounting, Inc. acquired $78,200 in cash from Justin feaster and issued 3,400 shares of its common stock.

04.	June 2: A down payment of $33,000 in cash was made on additional computer equipment that was purchased for $165,000. 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 $25,250 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 $5,640 in cash. The effective date of the policy was June 16.

09.	June 16: Computer consultation revenue of $7,000 was received.

10.	June 16: Byte purchased a building and the land it is on for $149,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $24,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $14,900 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1.