At the beginning of Year 1, Oak Consulting had the following normal balances in its accounts:

Account	Balance
Cash	$	32,900
Accounts receivable		15,900
Accounts payable		10,800
Common stock		24,200
Retained earnings		13,800

The following events apply to Oak Consulting for Year 1:

1. Provided $68,000 of services on account.
2. Incurred $3,000 of operating expenses on account.
3. Collected $49,100 of accounts receivable.
4. Paid $35,300 cash for salaries expense.
5. Paid $12,420 cash as a partial payment on accounts payable.
6. Paid a $8,300 cash dividend to the stockholders.

d-1. Record the closing entries in the general journal. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)