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Check my work mode: This shows what is correct or incorrect for the work you have completed sofa 4 Part 406 Required information Exercise 13-22A

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Check my work mode: This shows what is correct or incorrect for the work you have completed sofa 4 Part 406 Required information Exercise 13-22A Recording events in the general journal, posting to T-accounts, and preparing closing entries LO 13-1, 13-2. 13-3, 13-4 {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 Connon stock Retained earnings Balance $ 26,300 20,300 19,900 22.100 13,600 The following events apply to Oak Consulting for Year 2 1. Provided $68.400 of services on account 2 incurred $2,600 of operating expenses on account. 3. Collected $45,500 of accounts receivable 4. Paid $36.500 cash for salaries expense 5. Paid $12,150 cash as a partial payment on accounts payable 6. Paid a $8,600 cash dividend to the stockholders Exercise 13-22A Part d 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.) Answer is not complete 3. Collected $45,500 of a unts receivable 4. Paid $36,500 cash for sales expense 5. Paid $12.150 cash as a part payment on accounts payable. 6. Paid a 58,600 cash dividend the stockholders. Exercise 13-22A Part d d-1. Record the closing entries in the general joume (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete but not entirely correct. Credit Debit No Event General Journal 68.400 1 Service revenue Cash 68,400 39.100 B 2 Cash Operating expenses Salaries expense DO 2.600 36,500 29.300 X 3 Cash Retained earnings 29.300 d-2 What is the amount of net income for the vear? in 8 6 of 6 If you are going to put income summary. Just to let you know it does not give me that option

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