Date Accounts Debit Credit Dec. 1 x 1 More info Miller Delivery Service began operations by receiving $22,000 cash and a truck with a fair value of $16,000 from Robert Miller. The business issued Miller shares of common stock in exchange for this Dec. 1 contribution. Paid $1,260 cash for a nine-month insurance policy. The policy begins Dec. 1 December 1. Dec. 4 Paid $400 cash for office supplies. Dec. 12 Performed delivery services for a customer and received $1,700 cash. Completed a large delivery job, billed the customer, $2,600, and Dec. 15 received a promise to collect the $2,600 within one week. Dec. 18 Paid employee salary, $1,500 Dec. 20 Received $5,000 cash for performing delivery services. Dec. 22 Collected $900 in advance for delivery service to be performed later. Dec. 25 Collected $2,600 cash from customer on account. Purchased fuel for the truck, paying $250 on account. (Credit Print Done More info Dec. 4 Paid $400 cash for office supplies. Dec. 12 Performed delivery services for a customer and received $1,700 cash. Completed a large delivery job, billed the customer, $2,600, and Dec. 15 received a promise to collect the $2,600 within one week. Dec. 18 Paid employee salary, $1,500. Dec. 20 Received $5,000 cash for performing delivery services. Dec. 22 Collected $900 in advance for delivery service to be performed later. Dec. 25 Collected $2,600 cash from customer on account. Purchased fuel for the truck, paying $250 on account. (Credit Dec. 27 Accounts Payable) Dec. 28 Performed delivery services on account, $1,900. Dec. 29 Paid office rent, $1,500, for the month of December. Dec. 30 Paid $250 on account. Dec. 31 Cash dividends of $2,400 were paid to stockholders. Print Done