Comprehensive Problems Comprehensive Problem 1 for Chapters 10-40 Murphy Delivery Service completed the following transactions during December 2018: 1 Dec. 1 Murphy Delivery Service began operations by receiving S13,000 cash and a truck with a fair value of $9,000 from Russ Murphy. The business issued Murphy capital in exchange for this contribution Paid $600 cash for a six-month insurance policy. The policy begins December 1. 4 Paid 5750 cash for office supplies. 12 Performed delivery services for a customer and received $2,200 cash. 15 Completed a large delivery job, billed the customer, $3,300, and received a promise to collect the $3,300 within one week. 18 Paid employee salary, $800. 20 Received $7,000 cash for performing delivery services. 22 Collected $2,200 in advance for delivery service to be performed later Collected $3,300 cash from customer on account. Purchased fuel for the truck, paying $150 on account. (Credit Accounts Payable) 28 Performed delivery services on account 51,400. Pald office rent, $1,400, for the month of December Paid $150 on account Murphy withdrew cash of $2,500. 25 27 29 30 31