i need help journalizing these entries and rounding them two decimal places

Byte of Accounting, Inc. Isaiah Green 1528 Description of transaction June 1: Byte of Accounting, Inc issued 2,660 shares of its common stock to Jeremy 01. in cash and computer equipment with a fair market value of $32,970 were received June 1: Byte of Accounting. Inc. issued 2,160 shares of its common stock after acquiring from equipment with a fair value of $1.050 June I: 0 in cash, computer equipment with a fair market value of $9,660 and office Byte of Accounting, Inc, acquired $50,400 in cash from Isaiah Green and issued 2,400 03 shares of its common stock June 2: A down payment of $34,000 in cash was made on additional computer equipment that was 04. urchased for S170,000. A five-year note was executed by Byte for the balance fice equipment costing $600 was purchased on credit from Discount Computer June 4: Additional of 05. June 8: Unsatisfactory office equipment costing $120 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte 06. June 10: Byte paid $26,000 on the balance it owed on the June 2 purchase of computer equipment 07 purchased by Byte for June 14: A one-year insurance policy covering its computer equipment was $6.312 in cash The effective date of the policy was June 16 08. 09 June 16 Computer consultation rev June 16. Byte purchased a building and the land it is on for $119,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $19,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $11,900 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1 10. June 17: Cash of $4,800 was paid for rent for June, July and August. Put the total amount into the Prepaid Rent account 2 June 17 Received a bill of $350 from the local newspaper for advertising 13. June 21 Billed various miscellancous local customers $4,200 for consulting services performed 14. June 21: A fax machine for the office was purchased for $825 cash 15 June 21: Accounts payable in the amount of $480 were paid Byte of Accounting, Inc. Isaiah Green 1528 Description of transaction Transaction June 22: Paid the advertising bill that was received on June 17 16 June 22: Received a bill for $1,090 from Computer Parts and Repair Co. for repairs to the computer 17 8 June 22: Paid salaries of $1,010 to equipment operators for the week ending June 18 June 23: Purchased office supplies for $605 on credit. assets Record the purchase as an increase to the 20. 21. June 28: Billed $5,385 to miscellancous customers for services performed to June 25 22. June 29: Cash in the amount of $5,101 was received for billings 23 24June 29 Paid salaries of $1,010 to equipment operators for the week ending June 25 25. June 30: Received a bill for the amount of S1.015 from O&G Oil and Gas Co June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co June 30: Paid a cash dividend of SO.16 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 26. 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 27 A physical inventory showed that only $247.00 worth of office supplies remained on hand as of 28 June 30 The annual interest rate on the mortgage payable was 8.25 percent. Interest expense for one-half on June 16 Information relating to the prepaid insurance may be obtained from the transaction recorded on Junc 29 month should be computed because the building and land were purchased and the liability incurred 30. 4. Expense the amount associated with one half month's insurance. Byte of Accounting, Inc. Isaiah Green 1528 Description of transaction Transaction A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,000 31 the period of June 28-30 Tor 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 $7,500. The office equipment has a scrap value of $450. 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 $606 are owed by Byte 33. 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 34. IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was S136,000. On June 10, eight days later, $26,000 was repaid. Interest expense must be calculated on the $136,000 for eight days In addition, interest expense on the $110,000 balance of the loan ($136,000 less $26,000-$110,000) 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. 35 [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 36. Close the revenue accounts 37 Close the expense accounts 38. Close the income summary account. 39