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[ The following information applies to the questions displayed below. ] At the beginning of 2 0 1 6 , Oak Consulting had the following
The following information applies to the questions displayed below.At the beginning of Oak Consulting had the following normal balances in its accounts:AccountCashBalance $Accounts receivableAccounts payableCommon stockRetained earnings The following events apply to Oak's Consulting for : Provided $ of services on account Incurred $ of operating expenses on account Collected $ of accounts receivable Paid $ cash for salaries expense Paid $ cash as a partial payment on accounts payable Paid an $ cash dividend to the stockholders.. Post the beginning balances and the transactions from Parts a&d to the appropriate accounts.
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