Problem 2-9A Complete the steps in the measurement of external transactions (L02-4,2-5, 2-6) (The following information applies to the questions displayed below) River Hawk Expeditions provides guided tours in scenic mountainous areas. After the first 11 months of operations in 2021 River Hawk has the following account balances 186,500 RIVERHAWK EXPEDITIONS Trial Balance November 30, 2021 Accounts Debits Credits Cash $ 11,400 Accounts Receivable 5,600 Prepaid Insurance 1,500 Equipment 25, 200 Land Accounts Payable Notes Payable Common Stock Retained Earnings 15,200 Dividends 6,100 Service Revenue 76,100 Advertising Expense 12,100 Salaries Expense 29,480 Rent Expense 11,000 Totals $288,880 $288, 800 $ 4,400 51, 100 142,000 CO The following transactions occur during December 2021: December 1 Pay rent for mountain lodges for the month of December, $2,000. December 5 Provide guided tour to customers in Grand Teton National Park for cash, $3,900. December 8 Borrow from a local bank by signing a note payable, $21,000. The note is due in one year with a 6% interest rate. December 12 Receive cash from customers as payment for a guided tour that occurred on November 28, $4,600. December 13 Issue additional shares of common stock for cash, $31,000. December 15 Pay employee salaries for the first half of the month, $2,300. December 17 Purchase advertising on several local radio stations to be aired during the following two weeks, $2,100. December 22 Provide guided tour to customers in Yellowstone National Park on account, $4,300. 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 $31,000 next year. December 26 Purchase several pieces of hiking equipment to give customers a more enjoyable adventure, such as night-vision goggles, GPS, long-range binoculars, and video cameras, for cash, $29,600. December 28 Pay cash on accounts payable, $2,600. December 31 Pay dividends to stockholders, $3,100. The Accounting Cycle: During the ... O Saved View transaction list Journal entry worksheet Pay rent for mountain lodges for the month of December, $2,000. Note: Enter debits before credits. General Journal Debit Credit Date December 01 View general journal Record entry Clear entry