June 1: Byte of Accounting, Inc. issued 2,680 shares of its common stock to Jeremy after $31,360 in cash and computer equipment with a fair market value of $43,680 were received.

The elements of this Are Issued Common Stock; of which we don't know the nominal value and therefore cannot calculate a premium or discount if one exists but the total is $75,040, and Cash and Equipment. The capital side of the equation is a Credit, the Assets a Debit