Question: 2 2 of 3 Required information Problem 2-9A Complete the steps in the measurement of external transactions (LO2-4, 2-5, 2-6) [The following information applies

2 2 of 3 Required information Problem 2-9A Complete the steps inthe measurement of external transactions (LO2-4, 2-5, 2-6) [The following information appliesto the questions displayed below] RiverHawk Expeditions provides guided tours in scenicmountainous areas. After the first 11 months of operations in 2021, RiverHawkhas the following account balances. RIVERHANK EXPEDITIONS Trial Balance November 30, 2021

2 2 of 3 Required information Problem 2-9A Complete the steps in the measurement of external transactions (LO2-4, 2-5, 2-6) [The following information applies to the questions displayed below] RiverHawk Expeditions provides guided tours in scenic mountainous areas. After the first 11 months of operations in 2021, RiverHawk has the following account balances. RIVERHANK EXPEDITIONS Trial Balance November 30, 2021 look Accounts Cash Debits $ 12,600 Credits Accounts Receivable 6,200 wint ences Prepaid Insurance Equipment Land Accounts Payable Notes Payable Common Stock 2,100 25,000 195,500 $ 5,000 51,700 154,000 Retained Earnings 15,800 Dividenda 6,700 Service Revenue i 76,700 Advertising Expense 12,700 Salaries Expense 30,000 Rent Expense 11,600 Totals $303,200 $303,200 The following transactions occur during December 2021: Decenber Pay rent for mountain lodges for the month of December, $2,600. Decenber 5 Provide guided tour to customers in Grand Teton National Park for cash, $4,500.. December 8 Borrow from a local bank by signing a note payable, $27,000. The note is due in one year vith a 6% interest rate. < Prev 2 3 of 3 Next >

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