ournal Entries and Trial Balance en October 1, 2016, Jay Pryor established an interior decorating business, Pioneer Designs. During the month, Jay completed the following transactions related to the business Sct. 1. Jay transferred cash from a personal bank account to an account to be used for the business, $30.400. 4. Paid rent for period of October 4 to end of month, $2,950. 10. Purchased a used truck for $25,000, paying $2,000 cash and giving a note payable for the remainder 13. Purchased equipment on account, $11,860. 14. Purchased supplies for cash, $2,040. 15. Paid annual premiums on property and casualty insurance, $4,560, 15. Received cash for job completed, $12,770 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, 54,230, Recorded jobs completed on account and sent invoices to customers, 514,530. 26 Received an invoice for truck expenses, to be paid in November, $1,340. 27 Paid utilities expense, 51,520. 27 Paid miscellaneous expenses, $550. 29 Received cash from customers on account, 56,080 30 Paid wages of employees, $4,040 Withdrew cash for personal use, $3,370. 31