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Exercise $3-22$A $($Algo$)$ Recording events in the general journal, posting to T$-$accounts, and preparing closing entries LO $3-1,3-2,3-3,3-4$

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At the beginning of Year $2,$ Oak Consulting had the following normal balances in its accounts.

Account Balance

Cash $$29,000$

Accounts receivable $21,100$

Accounts payable $12,700$

Common stock $26,900$

Retained earnings $10,500$

The following events apply to Oak Consulting for Year $2$:

Provided $$74,600$ of services on account.

Incurred $$3,500$ of operating expenses on account.

Collected $$50,800$ of accounts receivable.

Paid $$32,400$ cash for salaries expense.

Paid $$14,580$ cash as a partial payment on accounts payable.

Paid a $$9,100$ cash dividend to the stockholders.

Exercise $3-22$A $($Algo$)$ Part a

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.$)$