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: Recount Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 32,500 21,500 11,800 27,700 14,500 The following events apply to Oak Consulting for Year 2: 1. Provided $67,500 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $48,900 of accounts receivable. 4. Paid $31,100 cash for salaries expense. 5. Paid $13,680 cash as a partial payment on accounts payable. 6. Pald 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.) View transaction list View transaction list Journal entry worksheet