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Miller Delivery Service completed the following transactions during December 2016: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record each transaction
Miller Delivery Service completed the following transactions during December 2016: (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: 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 contribu Date Accounts Debit Credit x Dec. 1 More Info 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 with 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. Print Done Choose from any list or enter any number in the input fields and then click Check
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