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r3 ! Required information [The following information applies to the questions displayed below.] At the beginning of Year 2, Oak Consulting had the following normal
r3 ! 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 The following events apply to Oak Consulting for Year 2: 1. Provided $70,300 of services on account. 2. Incurred $2,600 of operating expenses on account. 3. Collected $47,800 of accounts receivable. 4. Paid $39,100 cash for salaries expense. 5. Paid $13,230 cash as a partial payment on accounts payable. 6. Paid a $9,100 cash dividend to the stockholders. Balance $27,100 15,300 12,100 17,400 12,900 View transaction list Au Saved Required Record these transactions in a general journal. (If no entry is required for a transaction/event, select "No journal entry required" the first account field.) rlichaat 4
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