could you please help me how to get 35-39 & show how you got the answers? thank you!

Byte of Accounting, Inc. Description of transaction June 1: Byte of Accounting, Inc. issued 2.660 shares of its common stock to Jeremy after $29,700 in cash and computer equipment with a fair market value of $42.120 were received June 1: Byte of Accounting, Inc. issued 2.562 shares of its common stock after acquiring from Courtney $55.350 in cash, computer equipment with a fair market value of $12.960 and office equipment with a fair value of 5864 and issued 2,000 shares of June 1: Byte of Accounting, Inc. acquired S54,000 in cash from its common stock 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 June 4: Additional office equipment costing S500 was purchased on credit from Discount Computer Corporation. June 8: Unsatisfactory office equipment costing $100 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. June 10: Byte paid $23,750 on the balance it owed on the June 2 purchase of computer equipment June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for $5,136 in cash. The effective date of the policy was June 16. June 16: Computer consultation revenue of $7.250 was received 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. June 17: Cash of $6,300 was paid for rent for June, July and August. Put the total amount into the Prepaid Rent account June 17: Received a bill of $475 from the local newspaper for advertising June 21: Billed various miscellaneous local customers S4,000 for consulting services performed June 21: A fax machine for the office was purchased for S700 cash. June 21: Accounts payable in the amount of S400 were paid. Byte of Accounting, Inc. Description of transaction June 22: Paid the advertising bill that was received on June 17. June 22: Received a bill for $1.290 from Computer Parts and Repair Co. for repairs to the computer equipment. June 22: Paid salaries of $885 to equipment operators for the week ending June 18. June 23: Cash in the amount of $3.205 was received on billings June 23: Purchased office supplies for $655 on credit. Record the purchase as an increase to the assets. June 28: Billed $5,595 to miscellaneous customers for services performed to June 25. June 29: Cash in the amount of S5,300 was received for billings. June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. June 29: Paid salaries of $885 to equipment operators for the week ending June 25. June 30; Received a bill for the amount of $890 from O & GOil and Gas Co. June 30: Paid a cash dividend of S0.18 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 made on June 17 was for June, July and August. Expense the amount associated with one month's rent. A physical inventory showed that only $270.00 worth of office supplies remained on hand as of June 30. The annual interest rate on the mortgage payable was 7.50 percent. Interest expense for one-half month should be computed because the building and land were purchased and the liability incurred on June 16. 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 A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,750 for the period of June 28-30 Byte of Accounting, Inc. Description of transaction The fixed assets have estimated useful lives as follows: Building - 31.5 years Computer Equipment - 5.0 years Office Equipment - 7.0 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 $350. The computer equipment has no scrap value. Calculate the depreciation for one month. A review of the payroll records show that unpaid salaries in the amount of $531 are owed by Byte for three days, June 28 - 30. The note payable relating to the June 2, and 10 transactions is a five-year note, with interest at the rate of 12 | percent annually. Interest expense should be computed based on a 360 day year. IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $124,000. On June 10, eight days later, $23,750 was repaid. Interest expense must be calculated on the $124,000 for eight days. In addition, interest expense on the $100,250 balance of the loan ($124,000 less $23,750 = $100,250) must be calculated for the 20 days remaining in the month of June.) Income taxes are to be computed at the rate of 25 percent of net income before taxes. IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement.] Closing Entries Close the revenue accounts. Close the expense accounts. Close the income summary account. Close the dividends account. A Byte of Accounting, Inc. General Joumal Note: You can only enter data into the yellow filled cells Name Description Jun 01 Jun 01 Jun 01 1 110 Cash 1 311 Computer Equip 3100 Capital Stock issue of common stock issue of common stock Issue of common stock 29.700.00 42,120.00 71.820.00 Jun 01 Jun 01 Jun 01 Jun 011 ESSEE EETLE 1 110 Cash 1311 Computer Equip 1 211 Office Equip 3100 Capital Stock Issue of common stock issue of common stock issue of common stock issue of common stock 55 350 00 12.950.00 864.00 69.174.00 Jun 01 Jun 01 1110 Cash 3100 Capital Stock issue of common stock issue of common stock 54.000.00 54.000.00 TI 155.000.00 04 04 2 Jun 02 Jun 02 1 311 Computer Equip 1110 Cash 2202 Notes Payable Purchase of computer Purchase of computer Purchase of computer 31.000.00 124.000.00 500.00 05 05 Jun 04 Jun 04 1 211 Office Equip 2101 Accounts Payable Purchase of office equipment Purchase of office equipment 500.00 100.00l 06 061 Jun 08 Jun 08 2 1101 Accounts Payable 1 211 Office Equip Return office equipment Retur office equipment 100.00 23.750.00 07 Jun 101 Jun 101 2202 Notes Payable 1 110 Cash Payment of computer equipment Payment of computer equipment 23.750,00 LIL Jun 14 Jun 14 1 130 Prepaid Insurance 1 110 Cash Computer insurance Computer insurance 536.00 7.250.00 09 09 10 Jun 16 1 110 Cash I Computer consultancy 4 100 Computer & Consulting Computer consultancy revenue 7.250.00 24,000.00 125.000 ool 11 EEE EL FET Jun 16 Jun 16 Jun 16 1411 Building Cost 1510 Land 1110 Cash 2 201 Mortgage Payable Purchase of land and building Purchase of land and building Purchase of land and building Purchase of land and building 14,900.00 134,100.00 63.000.00 Jun 17 Jun 17 1140 Prepaid Rent 1110 Cash Payment of rent Payment of rent 63.000.00 A Byte of Accounting, Inc. General Joumal Note: You can only enter data into the yellow filled cells 5030 Advertising Expense 2101 Accounts Payable Advertising expense Advertising expense 4 000 001 13 13 Jun 21 Jun 21 1 120 Accounts Receivable 4100|Computer & Consulting Consulting reven 14 Jun 21 Jun 21 1211 Office Equip 1110 Cash Purchase of fax machine Purchase of tax machine 700.00 TONIO 15 Jun 21 Jun 21 1211 Office Equip 1110 Cash Purchase of fax machine Purchase of fax machine 400.00 400.00 475 00 16 161 Jun 221 2 101 Accounts Payable Jun 2211110 cash Payment of advertising expenses Payment of advertising expenses 475.00 17 171 Jun 22 Jun 221 5 040 Repairs & Maint. Expen Computer repairing fee 2 101 Accounts Payable Computer repairing fee 1,290.00 1.290.00 18 8 Jun 22 Jun 22 5020 Salary Expense 1 110 Cash Salary payment Salary payment 885 00 Receive payment 3.205 00 Jun 23 Jun 23 1110 Cash 1120 Accounts Receivable 65500 20 20 Jun 23 un 23 1 150 Office Supplies 2101 Accounts Payable 655.00 EE 21 Jun 28 Jun 28 1120 Accounts Receivable Record of revenue 4100 Computer & Consulting Record of revenue 5.595.00 5.300 00 22 221 Jun 29 2 9 1110 Cash 1120 Accounts ReceivableReceive 5.300.00 A Byte of Accounting, Inc. General Joumal Note: You can only enter det into the yellow fedelle Description Jun 291 2101 Accounts Payable Payment of computer repair Payment of computer repair 1 290.00 24 Jun 29 Jun 29 5020 Salary Expense 1110 Cash Sa D ent 885.00 890.00 Jun 30 Jun 30 5050 Ol & Gas Expense 2101 Accounts Payable Toll and gas expense lol and gas expense 890.00 TIBETE 26 1.299.96 Jun 30 Jun 30 33001 Dividends 1 110 Cash Dividen paid Dividen paid 1.299.96 ISTITI 271 31.500.00 Jun 30 Jun 30 5 010 Rent Expense 1140 Prepaid Rent Rent expense recognized tevens eenended Rent expense recognized 31.500.00 Jun 30 Jun 301 5080 Supplies Expense 1150 Office Supplies Supplies expense Supples expense 270.00 RETT 419.06 Jun 30 Jun 30 5090 Interest Expense 2 103 Interest Payable Interestadustment Interest adjustment 419.06 TUTTI 30 30 Jun 30 Jun 30 5 100 Insurance Expense 1130 Prepaid Insurance Insurance adjustment Insurance adjustment 214.00 FEI Jun 30 Jun 30 1120 Accounts Receivable Unbiled revenue 4100 Computer & Consulting unbed revenue &&&& EEEE EEL 5110 Depreciation Expense Adjust depreciation 1312 Accum Depr Computer Ads depreciation 1212 Accum. Depe Office ElAdust depreciation 1412 Accum. Depr Building Adius depreciation SE 5020 Salary Expense 2105 Salas Payable Salary expense Salary expense A Byte of Accounting, Inc. General Journal Note: You can only enter data into the yellow filled cells. Transaction Date Beble Account Name Description Description Credit 999.00 34 34 Jun 30 Jun 30 5090 Interest Expense 2103 Interest Payable Interest adjustment Interest adjustment 999.00 351 35 Jun 301 Jun 30 5120 Income Tax Expense income tax 2106 Income Taxes Payable Income tax 36 36 Jun 30 Jun 30 4100 Computer & Consulting Closing revnue 3400 Income Summary Closing revnue 37 37 371 371 371 37 37 37 371 37 37 Jun 30 Jun 30 Jun 30|| Jun 30| Jun 301 Jun 30 Jun 30 Jun 30 Jun 2011 Jun 301 Jun 30 37 Not in Balance by 3400 Income Summary Closing expense 5 010 Rent Expense Closing expense 5020 Salary Expense Closing expense 5030 Advertising Expense Closing expense 5 0401 Repairs & Maint. Expen Closing expense 5050 Oil & Gas Expense Closing expense 5080 Supplies Expense Closing expense 5090 Interest Expense Closing expense 5100 Insurance Expense Closing expense 5110 Depreciation Expense Closing expense 5110|Depreciation Fy 5120 Income Tax Expense Closing expense 31,500.00 2.301.00 475.00 1.290.001 890.00 270.00 1.418.06 1 38) 38 Jun 30 Jun 30 3400 income Summary 3200 Retained Eamings Closing retained earnings Closing retained earnings 1,299.96 39) 39 Jun 30 Jun 30 | 3200 Retained Earings 3300 Dividends Closing dividens Closing dividens 1,299.96