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baved (The following information applies to the questions displayed below) At the beginning of Year 2, Oak Consulting had the following normal balances in its

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baved (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: rt 3 of 4 Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 25,600 21,800 13.700 20.00 02112 The following events apply to Oak Consulting for Year 2 Skipped Book 1. Provided $65.400 of services on account 2. Incurred $2.900 of operating expenses on account. 3. Collected $50,400 of accounts receivable. 4. Paid $35.100 cash for salaries expense 5. Paid $14,940 cash as a partial payment on accounts payable, 6. Paid a $9.900 cash dividend to the stockholders. c. Show the beginning balances and the events in a horizontal statements model such as the following one in the Cash Flow column, use the initials "OA" for operating activities, "FA" for financing activities and "NC for net change in cash. Select "NA" wherever required. Enter any decreases to account balance and cash outflows with a minus sign.) OAK CONSULTING Effect of Transactions on the Financial Statements for Year 2 Balance Sheet Income Statement - Liabilities - Stockholders' Equity Revenue Expenses Assets Net Income Statement of Cash U. TOU J14,-40 LOSII d d pallidl Payment or accounts payable. 6. Paid a $9,900 cash dividend to the stockholders. Show the beginning balances and the events in a horizontal statements model such as the following one: (In the Cash Flow olumn, use the initials "OA" for operating activities, "FA" for financing activities and "NC" for net change in cash. Select "NA" wherever required. Enter any decreases to account balance and cash outflows with a minus sign.) OAK CONSULTING Effect of Transactions on the Financial Statements for Year 2 Balance Sheet Income Statement Liabilities Stockholders' Equity Revenue - Expenses Net Income Accounts Common Retained Payable - Stock Earnings Statement of Cash Flow Assets Accounts + Declable No Cash EEEEE 0 0 0.00 of Score answer >

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