Murphy Delivery Services began operation on December 1, 2018 and completed the transactions listed below during the first month of operations. Transactions: Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each transaction. Click Post Transaction once you complete the entry, then repeat these steps for each transaction. 2) Click the Reports tab and review the results of recording these transactions on the General Ledger. 3) Under the Reports tab, review the Trial Balance generated as a result of recording these transactions. 4) Using the General Journal tab, click Add Transaction to journalize each adjusting entry needed. Click Post Transaction once you 12/01/2018 Murphy Delivery Service began operations by receiving $13,000 cash and a truck with a fair value of $9,000 from Russ Murphy. The business issued Murphy capital in exchange for this contribution. 12/01/2018 Paid $600 cash for a six-month insurance policy. The policy begins December 1. 12/04/2018 Paid $750 cash for office supplies. 12/12/2018 Performed delivery services for a customer and received $2.200.cash. BUSINESS REPORTS SAVE WORK RESET RESULTS SUBMIT WORK December 1, 2018- December 31, 2018 > COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date No transactions in Journal Accounts ADD TRANSACTION EDIT CHECKED TRANSACTION DELETE CHECKED TRANSACTIONS Debit Credit Closing Entry Lath, click Add Transaction to journalize each adjusting entry needed. Click Post Transaction once you Transactions: 12/12/2018 Performed delivery services for a customer and received $2,200 cash 12/15/2018 Completed a large delivery job, billed the customer $3,300, and received a promise to collect this amount within one week. 12/18/2018 Paid employee salary of $800. 12/20/2018 Received $7,000 cash for performing delivery services. 5/03/2018.Collected.e.300 in advance.for.deliuons.conicon.to.bo.porformed.katos SAVE WORK RESET SURMET Won Transactions: 4) Using the General Journal tab, click Add Transaction to journalize each adjusting entry needed. Click Post Transaction once you 12/22/2018 Collected $2,200 in advance for delivery services to be performed later. 12/25/2018 Collected $3,300 cash from customer on account. 12/27/2018 Purchased fuel for the truck, paying $150 on account (credit Accounts Payable). 12/28/2018 Performed delivery services on account, $1,400. factions: 12/29/2018 Paid office rent, $1,400, for the month of December. 12/30/2018 Paid $150 on account. 12/31/2018 Murphy withdrew cash of $2,500. 12/31/2018 (Adjustment a) Accrued salary expense, $800. SAVE WORK RESET RESULTS SUBMIT WORK each Transactions: 12/31/2018 (Adjustment b) Record Depreciation on the truck using the straight-line method. Assume a useful life of 5 years and a salvage value of $3,000. 12/31/2018 (Adjustment c) Prepaid insurance for the month has expired. 12/31/2018 (Adjustment d) Office Supplies on hand, $450. 12/31/2010/Adjustment anaxmad Rauanus earned durinn the month 200 SAVE WORK RESET RESULTS SUBMIT WORK 12/31/2018 (Adjustment d) Office Supplies on hand, $450. 12/31/2018 (Adjustment e) Unearned Revenue earned during the month, $700. 12/31/2018 (Adjustment f) Accrued Service Revenue, $450. 12/31/2018 (Closing Entry 1) Close all revenue account. SAVE WORK RESET RESULTS SUBMIT WORK 12/31/2018 (Closing Entry 1) Close all revenue account. 12/31/2018 (Closing Entry 2) Close all expense accounts (compound entry). 12/31/2018 (Closing Entry 3) Close the Income Summary account. 12/31/2018 (Closing Entry 4) Close the withdrawals account. SAVE WORK RESET RESULTS SUBMIT WORK