Homework: Comprehensive Problem Save Score: 0 of 100 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 100 pts Comp4-1 (similar to) Question Help O Milton Delivery Service completed the following transactions during December 2018: (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: Milton Delivery Service began operations by receiving $23,000 cash and a truck with a fair value of $12,000 from Richard Milton. The business issued Milton shares of common stock in exchange for this contribution. Date Accounts Debit Credit i - Dec. 1 More Info X Dec. 1 1 4 12 15 18 20 22 Milton Delivery Service began operations by receiving $23,000 cash and a truck with a fair value of $12,000 from Richard Milton. The business issued Milton shares of common stock in exchange for this contribution. Paid $420 cash for a three-month insurance policy. The policy begins December 1. Paid $700 cash for office supplies. Performed delivery services for a customer and received $2,300 cash. Completed a large delivery job, billed the customer, $3,100, and received a promise to collect the $3,100 within one week. Paid employee salary, $700. Received $3,000 cash for performing delivery services Collected $1,300 in advance for delivery service to be performed later. Collected $3,100 cash from customer on account. Purchased fuel for the truck, paying $250 on account. (Credit Accounts Payable) Performed delivery services on account, $1,700. Paid office rent, $1,300, for the month of December Paid $250 on account Cash dividends of $2,200 were paid to stockholders. 25 28 29 30 31 Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 36 pamaining Clear All Check