Miller Delivery Service began operations by receiving $18,000 cash and a truck with a fair value of $12,000 from Ripley Miller. The business Dec. 1 issued Miller shares of common stock in exchange for this contribution Paid $450 cash for a three-month insurance policy. The policy begins Dec. 1 December 1. Dec. 4 Paid $650 cash for office supplies. Dec. 12 Performed delivery services for a customer and received $2,100 cash. Completed a large delivery job, billed the customer, $2,700, and Dec. 15 received a promise to collect the $2,700 within one week. Dec. 18 Paid employee salary, $700. Dec. 20 Received $13,000 cash for performing delivery services. Dec. 22 Collected $1,500 in advance for delivery service to be performed later. Dec. 25 Collected $2,700 cash from customer on account. Purchased fuel for the truck, paying $200 on account. (Credit Accounts Dec. 27 Payable) Dec. 28 Performed delivery services on account, $1,100. Dec. 29 Paid office rent, $1,300, for the month of December. Dec. 30 Paid $200 on account. Dec. 31 Cash dividends of $2,100 were paid to stockholders. Print Done