RiverHawk Expeditions provides guided tours in scenic mountainous areas. After the first 11 months of operations in 2018, RiverHawk has the following account balances:

RIVERHAWK EXPEDITIONS Trial Balance November 30, 2018
Accounts	Debits		Credits
Cash	$	10,600
Accounts Receivable		5,200
Prepaid Insurance		1,100
Equipment		24,800
Land		180,500
Accounts Payable			$	4,000
Notes Payable				50,700
Common Stock				134,000
Retained Earnings				14,800
Dividends		5,700
Service Revenue				75,700
Advertising Expense		11,700
Salaries Expense		29,000
Rent Expense		10,600
Totals	$	279,200	$	279,200

The following transactions occur during December 2018: December 1 Pay rent for mountain lodges the month of December, $1,600. December 5 Provide guided tour to customers in Grand Teton National Park for cash, $3,500. December 8 Borrow from a local bank by signing a note payable, $17,000. 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, $4,200. December 13 Issue additional shares of common stock for cash, $27,000. December 15 Pay employee salaries for the first half of the month, $1,900. December 17 Purchase advertising on several local radio stations to be aired during the following two weeks, $1,700. December 22 Provide guided tour to customers in Yellowstone National Park on account, $3,900. 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 $27,000 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, $29,200. December 28 Pay cash on accounts payable, $2,200. December 31 Pay dividends to stockholders, $2,700.

- Post each transaction to the appropriate T-accounts and Calculate the balance of each account at December 31. (Hint: Be sure to include the balance at the beginning of December in each T-account.) - Prepare a trial balance as of December 31.