Mitchel Delivery Service completed the following transactions during December 2024: i (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: Mitchel Delivery Service began operations by receiving $12,000 cash and a truck with a fair value of $18,000 from Reggie Mitchel. The business issued Mitchel shares of common stock in exchange for this contribution. Date Dec. 1 Accounts Debit Credit