On June 1, the Board of Directors Declared a $100,000

question 118

Short Answer

On June 1, the board of directors declared a $100,000 cash dividend to be distributed to common stockholders of record on June 15. The dividend will be paid on July 1. The required journal entry on June 1 includes a
a.$100,000 debit to retained earnings.
b.$100,000 debit to dividends payable.
c.$100,000 credit to cash.
d.$100,000 credit to common stock.

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Definitions:

Motivational Interviewing

Intervention for sufferers of substance use disorders to elicit and solidify individuals’ motivation and commitment to changing their substance use; rather than confronting the user, the motivational interviewer adopts an empathic interaction style, drawing out the user’s own statements of desire, ability, reasons, need, and, ultimately, commitment to change.

12-Step Program

A set of guiding principles outlining a course of action for recovery from addiction, compulsion, or other behavioral problems.

Contingency Management Programs

Behavioral treatment methods that reward or punish individuals for adhering to or deviating from certain behaviors or objectives.

Reinforcements

In behavioral psychology, anything that strengthens or increases the likelihood of a response or behavior occurring again.