Problem 2-9A (Algo) Complete the steps in the measurement of external transactions (LO2-4, 2-5, 2-6) (GL) Outback Expeditions provides guided tours in scenic mountainous areas. After the first 11 months of operations in 2024, Outback has the following account balances. OUTBACK EXPEDITIONS Trial Balance November 30, 2024 Accounts Cash Debits $12,800 Accounts Receivable 6,300 Credits Prepaid Insurance Equipment Land Accounts Payable. Notes Payable. Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Salaries Expense Rent Expense Totals 2,200 25,900 197,000 5,100 51,800 156,000 15,900 6,800 76,800 12,800 30,100 11,700 $305,600 $305,600 The following transactions occur during December 2024: December 1 December 5 December 8. December 12 December 13 Pay rent for mountain lodges for the month of December, $2,700. Provide guided tour to customers in Grand Teton National Park for cash, $4,600. Borrow from a local bank by signing a note payable, $28,000. The note is due in one year with a 6% interest rate. Receive cash from customers as payment for a guided tour that occurred on November 28, $5,300. Issue additional shares of common stock for cash, $38,000. December 15 Pay employee salaries for the first half of the month, $3,000. December 17 Purchase advertising on several local radio stations to be aired during the following two weeks, $2,800. December 22 Provide guided tour to customers in Yellowstone National Park on account, $5,000. December 23 One of the customers from the December 22 tour claims to have seen the legendary creature Bigfoot. The company believes this exciting news will create additional revenue of $38,000 next year.