Munroe Delivery Service completed the following transactions during December 2024 (Click the icon to view the transactions.) Read the requirements. Net income or loss Dec. 1 Munroe Delivery Service began operations by receiving $7,000 cash and a truck with a fair value of $18,000 from Raleigh Munroe. The business issued Munroe shares of common stock in exchange for this contribution. Dec. 1 Paid $420 cash for a three-month insurance policy. The policy begins December 1 Dec. 4 Paid $800 cash for office supplies. Dec. 12 Performed delivery services for a customer and received $1,800 cash Dec. 15 Completed a large delivery job, billed the customer, $2,000, and received a promise to collect the $2,000 within one week. Dec. 18 Paid employee salary $1,400 Dec. 20 Received $6.000 cash for performing delivery services. Dec. 22 Collected $1,400 in advance for delivery service to be performed later. Dec. 25 Collected $2.000 cash from customer on account Dec. 27 Purchased fuel for the truck paying $300 on account (Credit. Accounts Payable) Dec. 28 Performed delivery services on account $1200 Dec. 22 Collected $1,400 in advance for delivery service to be performed later. Dec. 25 Collected $2,000 cash from customer on account. Dec. 27 Purchased fuel for the truck, paying $300 on account. (Credit Accounts Payable) Dec. 28 Performed delivery services on account, $1,200. Dec. 29 Paid office rent, $1,600, for the month of December. Dec. 30 Paid $300 on account. Dec. 31 Cash dividends of $2,300 were paid to stockholders. Post the transactions in the T-accounts. Prepare an unadjusted trial balance as of December 31.2024 Prenare a workshept as of Meremher 31 2nD. 4 3. Prepare an unadjusted trial balance as of December 31,2024 . 4. Prepare a worksheet as of December 31, 2024. 5. Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1 . Post adjusting entries to the T-accounts. Adjustment data a. Accrued Salaries Expense, $1,400. b. Depreciation was recorded on the truck using the straight-line method Assume a useful life of 5 years and a salvage value of $8,400 c. Prepaid Insurance for the month has expired. d. Office Supplies on hand $200. e. Unearned Revenue earned during the month, $300. f. Accrued Service Revenue, $850 6. Prepare an adjusted trial balance as of December 31,2024 7. Prepare Munroe Delivery Service's income statement and statement of retained earnings for the month ended December 31,2024, and the classified balance sheet on that date On the income statement. list expenses in decreasing order by amount- that is the largest expense first, the smallest expense last 8. Journalize the closing entries and post to the T-accounts expenses in decreasing order by amount - that is, the largest expense first, the smallest expense last. 8. Journalize the closing entries and post to the T-accounts 9. Prepare a post-closing trial balance as of December 31,2024