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[The following information applies to the questions displayed below] At the beginning of Year 2,...

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Accounting

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[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. The following events apply to Oak Consulting for Year 2 : 1. Provided $69,200 of services on account. 2 . Incurred $3,400 of operating expenses on account. 3. Collected $50,100 of accounts receivable. 4. Paid $30,100 cash for salaries expense. 5. Paid $16,110 cash as a partial payment on accounts payable. 6. Paid o $8,400 cash dividend to the stockholders. equired ecord these transactions in a general journal. (If no entry is required for a transaction/event, select "No journal entry required" in he first account field.) Journal entry worksheet 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.) Journal entry worksheet Note: Enter debits before credits

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