[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	$	25,100
Accounts receivable		20,500
Accounts payable		10,700
Common stock		20,600
Retained earnings		14,300

The following events apply to Oak Consulting for Year 2:

1. Provided $66,400 of services on account.
2. Incurred $2,600 of operating expenses on account.
3. Collected $49,600 of accounts receivable.
4. Paid $39,400 cash for salaries expense.
5. Paid $11,970 cash as a partial payment on accounts payable.
6. Paid a $8,900 cash dividend to the stockholders.

rev: 11_21_2018_QC_CS-149034

Required Record these events in a general journal. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Required Record these events in a general Journal. (If nentry Is required for first account fleld.) transaction event, select "Nojournal entry required" In the View transaction list Journal entry worksheet Provided $66,400 of services on account. Note: Enter debits before credits Event Debit Credit General Journal Record entry Clear entry View general journal b& d. Post the beginning belances and the transacoam Parts s&d to the approprlate sccount Bog Ba Bog Ba Bog Ba Bog Ba c. Show the beginning balances and the events In a horizontal statements model such as the following one: (In the Statement of Cash Flows column, use the initials "OA" for operating activities, "FA" for financing activities and "NC" for net change in cash. Select "NA" wherever required. Enter any decreases to account balance and cash outflows with a minus sign.) OAK CONSULTING Effect of Transactions on the Financial Statements for Year 2 Balance Sheet Income Statement Assets bilities Stockholders' Equity etain Expenses Net Income Statement of Cash Flows Accounts Stock Payable+ Cash Accounts Receivable Earnings Bal. Bal