1. E 3-22 Recording events in the general journal, posting to T-accounts and preparing closing entries At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 32,200 15,400 13,900 20,800 12,900 The following events apply to Oak Consulting for Year 2: 1. Provided $72,700 of services on account. 2. Incurred $2,900 of operating expenses on account. 3. Collected $48,500 of accounts receivable. 4. Paid $31,300 cash for salaries expense. 5. Paid $15,120 cash as a partial payment on accounts payable. 6. Paid a $9,000 cash dividend to the stockholders. Required Record these events in a general journal. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)