HW Saved Help Save & Exit Check my 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 $ 31,400 20,400 14,100 25,600 12,100 The following events apply to Oak Consulting for Year 2: 1. Provided $73,800 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $45,300 of accounts receivable. 4. Paid $38,900 cash for salaries expense. 5. Paid $15,750 cash as a partial payment on accounts payable. 6. Paid a $8,700 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.)