Dec. 1 Miller Delivery Service began operations by receiving $10,000 cash and a truck

with a fair value of $20,000 from Robert Miller. The business issued Miller shares

of common stock in exchange for this contribution.

1 Paid $1,000 cash for a four-month insurance policy. The policy begins December 1.

4 Paid $500 cash for office supplies.

12 Performed delivery services for a customer and received $2,000 cash.

15 Completed a large delivery job, billed the customer, $2,500, and received a

promise to collect the $2,500 within one week.

18 Paid employee salary, $1,000.

20 Received $15,000 cash for performing delivery services.

22 Collected $800 in advance for delivery service to be performed later.

25 Collected $2,500 cash from customer on account.

27 Purchased fuel for the truck, paying $300 on account. (Credit Accounts Payable)

28 Performed delivery services on account, $700.

29 Paid office rent, $1,600, for the month of December.

30 Paid $300 on account.

31 Cash dividends of $3,000 were paid to stockholders.