Joundal enters and Trial Balance On October 1, 20Y6, Jay Pryor estabilihed an interior decorating business, Ploneer Designs. During the month, Jay completed the following transactions related to the business: Oct, 1. Jay transferred cash from a personal bank account to an account to be used for the business, 321,000 . 4. Paid rent for period of Qctober 4 to end of month, $2,040. 10. Purchased a used truck for $17,000, paying $2,000 cosh and giving a note payable for the remainder. 13. Purchased equipment on account, 58,190 . 14. Purchased supplies for cash, $1,410. 15. Paid annuol premiums on property and casuaity insurance, $3,150. 15. Recetved cosn for job completed, $8,820. Enter the following transactions on Page 2 of the two-column foumal: 21. Paid creditor a portion of the amount owed for equipment purchased on Dctober 13, 52,920. 24. Recoroed jobs compieted on account and sent invoices to customers, 510,040 , 26. Recelved an invoice for truck expenses, to be paid in November, $920. 27. Paid utilities experise, 51,050 . 27. Paid miscellaneous expenses, $380. 29. Received cash from customers on account, 54,200 . 30. Paid wages of employees, $2,790. 1. Journalize each transoction in a two-column journal beginning on Page 1 , referring to the following chart of accounts in seincting the accolunts to be debited and credited. (Do not insert the account numbers in the journal at this time.) lournal entry explanations may be amitted. If an amount box does not require an entry, leave it blank. Check My Work Oct. 14 Oct. 15 Oct. 15 2. Post (in chronological order) the journal to a ledger of four-column accounts, inserting appropriate posting references in the general journal as each it Is posted. Extend the balances to the appropriate balance columns after each transaction is posted. If an amount box does not require an entry, leave it \begin{tabular}{|ccccc|} \hline \multicolumn{1}{|c|}{ Account } & \multicolumn{1}{c|}{ Supplles } & ACcount NO. \\ \hline Date Item & Post. Ref. & Deblt & Credit & Balance \\ \hline 206 & & Deblt & Credit \\ \hline Oct. 14 & & \\ \hline \end{tabular} \begin{tabular}{|ccccccc|} \hline Account & & & & Account No. & 18 \\ \hline & & & & Balance \\ \hline Date & Item & Past. Ref. & Debit & Credit & Debit & Credit \\ \hline 206 & & & & & \\ \hline \end{tabular} 20Y6 \begin{tabular}{|ll|l|l|} \hline Account & Jay Pryor, Drawing & Account No. & 32 \\ \hline \end{tabular} 3. Prepare an unadjusted trial bolance for Pioneer Designs as of October 31, 20Y6. For those boxes in which no entry is required, feove the box blenk The first two account tities are filled in as an example. Cash Accounts Recelvable 4. Determine the excess of revenues over expenses for October