At the beginning of Year $2,$ Oak Consulting had the following normal

balances in its accounts:

The following events apply to Oak Consulting for Year $2$:

Provided $$68,300$ of services on account.

Incurred $$3,500$ of operating expenses on account.

Collected $$48,000$ of accounts receivable.

Paid $$33,000$ cash for salaries expense.

Paid $$14,490$ cash as a partial payment on accounts payable.

Paid a $$9,200$ cash dividend to the stockholders.

d$-1.$ Record the closing entries in the general journal $($and post them to the T$-$

accounts in Part b$).$