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	$	28,100
Accounts receivable		24,000
Accounts payable		10,200
Common stock		30,900
Retained earnings		11,000

The following events apply to Oak Consulting for Year 2:

1. Provided $68,600 of services on account.
2. Incurred $3,400 of operating expenses on account.
3. Collected $49,000 of accounts receivable.
4. Paid $39,100 cash for salaries expense.
5. Paid $12,240 cash as a partial payment on accounts payable.
6. Paid a $8,600 cash dividend to the stockholders.

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 $ 28,100 24,000 10,200 30,900 11,000 The following events apply to Oak Consulting for Year 2: 1. Provided $68,600 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $49,000 of accounts receivable. 4. Paid $39,100 cash for salaries expense. 5. Paid $12,240 cash as a partial payment on accounts payable. 6. Paid a $8,600 cash dividend to the stockholders. b & d. Post the beginning balances and the transactions from Parts a&d to the appropriate accounts. Cash Accounts Receivable Beg. Bal Beg. Bal End. Bal End. Bal Accounts Payable Common Stock Beg. Bal Beg. Bal End. Bal End. Bal Retained Earnings Dividends Beg. Bal Beg. Bal End. Bal Service Revenue Operating Expenses Beg Bal Beg. Bal End. Ba End. Bal Salaries Expense Beg. Bal End. Bal