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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

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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 $ 33,600 19,500 13,300 29,400 10,400 The following events apply to Oak Consulting for Year 2: 1. Provided $66,900 of services on account. 2. Incurred $2,900 of operating expenses on account. 3. Collected $46,400 of accounts receivable. 4. Paid $30,000 cash for salaries expense. 5. Paid $14,580 cash as a partial payment on accounts payable, 6. Paid a $8,300 cash dividend to the stockholders. Required Record these transactions in a general Journal. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Collected $46,400 of accounts receivable. Note: Enter debits before credits. General Journal Debit Credit Event 3 Journal entry worksheet F Paid $14,580 cash as a partial payment on accounts payable. Note: Enter debits before credits. General Journal Debit Credit Event 5 Journal entry worksheet Record the closure of expense accounts. Note: Enter debits before credits. General Journal Debit Credit Event 2 Record entry Clear entry View general journal Journal entry worksheet Collected $46,400 of accounts receivable. Note: Enter debits before credits. General Journal Debit Credit Event 3 Journal entry worksheet F Paid $14,580 cash as a partial payment on accounts payable. Note: Enter debits before credits. General Journal Debit Credit Event 5 Journal entry worksheet Record the closure of expense accounts. Note: Enter debits before credits. General Journal Debit Credit Event 2 Record entry Clear entry View general journal Journal entry worksheet

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