Transaction

Description of transaction

$16.$ X June $22$: Paid the advertising bill that was received on June $17.$

$(17.)$ June $22$: Received a bill for $SI,115$ from Computer Parts and Repair Co$.$ for repairs to the

$18.$ June $22$: Paid salaries of $$860$ to equipment operators for the week ending June $18.$

$19.$ June $23$: Cash in the amount of $$3,845$ was received on billings.

$(20.)$ June $23$: Purchased office supplies for $$705$ on credit. Record the purchase as an increase to the

$21.$ June $28$: Billed $$6,015$ to miscellaneous customers for services performed to June $25.$

$22.$ June $29$: Cash in the amount of $$5,699$ 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 $$860$ to equipment operators for the week ending June $25.$

$25.)$ June $30$: Received a bill for the amount of $$890$ from O & G Oil and Gas Co$.$

$x^{26}$

June $30$: Paid a cash dividend of $$0\mathrm{.}22$ 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. The rent payment one month's rent. A physical inventory showed that only $$292\mathrm{.}00$ worth of office supplies remained on hand as of June $30.$

$(29.)q,$ month should be computed because the building and land were purchased and the liability incurred on

$30.$ 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.

$8$:$23$ PM

$\backslash$table$[[$Transaction$,$Description of transaction$],[31.,\backslash$table$[[$A revicw of Byte's job worksheets show that there are unbilled revenues in the antuint or os$,],[$for the period of June $28-30.]]],[32.,\backslash$table$[[$The fixed assets have estimated useful lives as follows:$],[$Building $-31\mathrm{.}5$ years$],[$Computer Equipment $-5\mathrm{.}0$ years$],[$Office Equipment $-7\mathrm{.}0$ years$],[$Use the straight$-$line method of depreciation. Management has decided that assets purchased$],[$during a month are treated as if purchased on the first day of the month. The building's scrap$],[$value is $$8,500.$ The office equipment has a scrap value of $$400.$ The computer equipment has$],[$no scrap value. Calculate the depreciation for one month.$]]],[33.,\backslash$table$[[$A review of the payroll records show that unpaid salaries in the amount of $$516$ are owed by$],[$Byte for three days, June $28-30.]]]]$