More info Dec. 1 Dec. 1 Manning Delivery Service began operations by receiving $25,000 cash and...

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More info Dec. 1 Dec. 1 Manning Delivery Service began operations by receiving $25,000 cash and a truck with a fair value of $10,000 from Raleigh Manning. The business issued Manning shares of common stock in exchange for this contribution Paid $1,350 cash for a nine-month insurance policy. The policy begins December 1 Paid $650 cash for office supplies Dec. 4 Dec. 12 Performed delivery services for a customer and received $2,400 cash. Dec. 15 Completed a large delivery job, billed the customer, $3,000, and received a promise to collect the $3,000 within one week. Dec. 18 Paid employee salary, $900 Dec. 20 Received $15,000 cash for performing delivery services. Dec. 22 Collected $1,700 in advance for delivery service to be performed later. Dec. 25 Dec. 27 Dec. 28 Dec. 29 Dec. 30 Collected $3,000 cash from customer on account Purchased fuel for the truck, paying $450 on account. (Credit Accounts Payable) Performed delivery services on account, $1,100. Paid office rent, $1,300, for the month of December Paid $450 on account Dec. 31 Cash dividends of $2,100 were paid to stockholders. More info Dec. 1 Dec. 1 Manning Delivery Service began operations by receiving $25,000 cash and a truck with a fair value of $10,000 from Raleigh Manning. The business issued Manning shares of common stock in exchange for this contribution Paid $1,350 cash for a nine-month insurance policy. The policy begins December 1 Paid $650 cash for office supplies Dec. 4 Dec. 12 Performed delivery services for a customer and received $2,400 cash. Dec. 15 Completed a large delivery job, billed the customer, $3,000, and received a promise to collect the $3,000 within one week. Dec. 18 Paid employee salary, $900 Dec. 20 Received $15,000 cash for performing delivery services. Dec. 22 Collected $1,700 in advance for delivery service to be performed later. Dec. 25 Dec. 27 Dec. 28 Dec. 29 Dec. 30 Collected $3,000 cash from customer on account Purchased fuel for the truck, paying $450 on account. (Credit Accounts Payable) Performed delivery services on account, $1,100. Paid office rent, $1,300, for the month of December Paid $450 on account Dec. 31 Cash dividends of $2,100 were paid to stockholders.