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6 Part 1 of 6 0.76 points Suipped eBook PORE References Required information [The following information applies to the questions displayed below] At the
6 Part 1 of 6 0.76 points Suipped eBook PORE References Required information [The following information applies to the questions displayed below] 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 $ 34,300 15,000 13,600 24,000 11,900 The following events apply to Oak Consulting for Year 2 1. Provided $72.900 of services on account. 2. Incurred $2.600 of operating expenses on account 3. Collected $46,500 of accounts receivable. 4. Paid $32,500 cash for salaries expense. 5. Paid $14,580 cash as a partial payment on accounts payable. 6. Paid a $9,100 cash dividend to the stockholders.
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