Question 2:1- Arab Delivery Service, Inc. completed the following transactions during January, 2019:Shareholders invested in the business $30,000 cash and a delivery truck valued at $36,000 inexchange for common stock.Purchased supplies for $1,500 cash.Paid $2,750 for a one-year insurance policy, effective January1.Performed delivery services for a customer and received $2,000 cash.Completed a large delivery job for a customer on account for $7,500.Paid $5,000 for employee salaries.Perfomed delivery services for customers and received $55,000 cash.Collected $2,500 in advance for delivery service to be performed later.Collected $3.500 cash from a customer on account.Purchased fuel for the truck, paying $1.800 with a company credit card (Credit accountspayable).Perfomed delivery services on account, $4.750.Paid office rent $1,200.Paid $1,000 for accounts payable.Paid cash dividends of $9.000.-m.1Requirements:Record each transaction in the journal. Key each transaction by its letter (Explanations are notrequired). ​