(for DEC 31 ): Cash dividens of 2,500 were paid to stockholders

Murphy Delivery Service completed the following transactions during December 2024 (Click the icon to view the transactions:) Read the requirements. Requirement 1. Record each transaction in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Dec. 1: Murphy Delivery Service began operations by receiving $13,000 cash and a truck with a fair value of $9,000 from Russ Murphy. The business issued Murphy shares of common stock in exchange for this contribution More info