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WebA Byte of Accounting, Inc. General Journal Transaction Dat e Accoun t Name Description Debit Credit 01 Jun 01 1110 Cash Lauryn's Investment 40,000.00 01 Jun 01 3100 Capital Stock Lauryn's Investment 40,000.00 … WebAccounting questions and answers Transaction Description of transaction June 1: Jeremy made an investment in Byte of Accounting, Inc., by purchasing 2,590 shares of its 01. common stock paying $27,810 in cash and by contributing computer equipment with a fair market value of $42,120. The par value of the common stock was $25 per share. coworking diagonal
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WebJune 1: Byte of Accounting, Inc, acquired $75,000 in cash from Christian Presten and issued 3,000 shares of its common stock. 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. WebByte of accounting Inc. issued 2610 shares of its common stock to Jeremy after $22050 in cash and computer equipment with a fair market value of $32760 were received. WebAccounting questions and answers Byte of Accounting The Byte of Accounting Corporation (Byte) is a computer advisory consulting bussiess that works with small and midsize … co working day