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a. Gervais deposited $39,000 in a bank account in the name of the business. b. Bought a truck from Kelly Motors for $39,800, paying $17,000

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a. Gervais deposited $39,000 in a bank account in the name of the business. b. Bought a truck from Kelly Motors for \$39,800, paying $17,000 in cash and placing the balance on account, CK; No. 500 . c. Bought catering equipment on account from Luigis Equipenent, $4,100. d. Fald the rent for the month, \$3,310, Ck. No, 501 (Rent Expense). e. Bought insurance for the truck for one yes, $940, Ck, No. 502 . 1. Sold catering services for cash for the first haif of the month, 33,170 (Catering Income). 9. Bought supplies for cash, $200, CK, No, 503 . h. Sold catering services on account, 54,615 (Catering Inceme). 1. Received and paid the heating bil, 3330,Ck, No, 504 (Utilities Expense). 1. Received a bill from GC Gas and Lube for gas and oll for the truck, $265 (Gas and Oil Expense). K. Sold catering services for cash for the remainder of the month, $2,760 (Catering Income). 1. Gervais withdrew cash for personal use, $2,600, Ck. No, 505 . mi. Paid the salary of the assistant, $1,135, Ck. No. 506 (Salary Expense). Assets

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