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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 Balance Cash $32,300 Accounts receivable 17,689 Accounts payable 13,500 Common stock 23,100 Retained earnings 13,300 The following events apply to Oak Consulting for Year 2: 1. Provided $74,600 of services on account. 2. Incurred $2,600 of operating expenses on account 3. Collected $51.000 of accounts receivable. 4. Paid $37100 cash for salaries expense, 5. Paid $14.490 cash as a partial payment on accounts payable. 6. Paid a $10,000 cash dividend to the stockholders 1. Prepare a post-closing trial balance

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