Journal Entries and Trial Balance On October 1, 20Y4, Jay Pryor established an interior decorating business, Pioneer 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 in exchange for common stock, $34,300. 4. Paid rent for period of October 4 to end of month, $3,330. 10. Purchased a used truck for $29,000, paying $3,000 cash and giving a note payable for the remainder. 13. Purchased equipment on account, $13,380. 14. Purchased supplies for cash, $2,300. 15. Paid annual premiums on property and casualty insurance, $5,150. 15. Received cash for job completed, $14,410. Enter the following transactions on Page 2 of the two-column journal: 21. Paid creditor a portion of the amount owed for equipment purchased on October 13, $4,770. 24. Recorded jobs completed on account and sent invoices to customers, $16,400. 26. Received an invoice for truck expenses, to be paid in November, $1,510. 27. Paid utilities expense, $1,720. 27 Paid miscellaneous expenses, $620. 29. Received cash from customers on account, $6,860. 30. Paid wages of employees, $4,560. 31. Paid dividends, $3,810.