Dec. $1$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. $1$Paid $$600$ cash for a six$-$month insurance policy. The policy begins December $1.4$Paid $$750$ cash for 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. $25$Collected $$3,300$ cash from customer on account. $27$Purchased fuel for the truck, paying $$150$ on account. $($Credit Accounts Payable$)28$Performed delivery services on account, $$1,400.29$Paid office rent, $$1,400,$ for the month of December. $30$Paid $$150$ on account. $31$Murphy withdrew cash of $$2,500.$ Requirements $1.$Record each transaction in the journal using the following chart of accounts. Explanations are REQUIRED. CashMurphy, Withdrawals Accounts ReceivableIncome Summary SuppliesService Revenue Prepaid InsuranceSalaries Expense TruckDepreciation Expense$-$Truck Accumulated Depreciation$-$TruckInsurance Expense Accounts PayableFuel Expense Salaries PayableRent Expense Unearned RevenueSupplies Expense Murphy, Capital $2.$Post the transactions in the T$-$accounts. $3.$Prepare an unadjusted trial balance as of December $31,2025.4.$Prepare a worksheet as of December $31,2025($optional$).5.$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, $$800.$ b$.$ Depreciation was recorded on the truck using the straight$-$line method. Assume a useful life of five years and a salvage value of $$3,000.$ c$.$ Prepaid Insurance for the month has expired. d$.$ Supplies on hand, $$450.$ e$.$ Unearned Revenue earned during the month, $$700.$ f$.$ Accrued Service Revenue, $$450.6.$Prepare an adjusted trial balance as of December $31,2025.7.$Prepare Murphy Delivery Services income statement and statement of owners equity for the month ended December $31,2025,$ and the classified balance sheet on that date. On the income statement, list expenses in decreasing order by amountthat 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 $31,2025.$