On 1 November 2014, Oster Company Declared a Dividend of $3.00

question 52

Multiple Choice

On 1 November 2014, Oster Company declared a dividend of $3.00 per share. Oster Company has 20 000 shares of ordinary shares outstanding and no preference shares. The date of record is 15 November, and the payment date is 30 November 2014. Which of the following is the journal entry needed on 30 November?

• A)Debit Dividends payable $60 000 and credit Cash $60 000.
• B)Debit Cash $60 000 and credit Dividends payable $60 000.
• C)Debit Retained earnings $60 000 and credit Cash $60 000.
• D)Debit Retained earnings $60 000 and credit Dividends payable $60 000.

Recognize the effects of personalization in professional settings within North American culture.

Understand the implications of language policies on multinational corporation operations.

Appreciate the role of basic emotional expressions as a universal form of communication.

Understand the concept of cultural context in communication.

---

Definitions:

Handling Time

The duration of time an organism spends processing its captured food before consuming it.

Crows

Members of the genus Corvus, characterized by their strong social behavior, adaptability, and intelligence, including their ability to use tools and recognize human faces.

Adaptive Foraging Strategy

Behavior modification by an organism to increase its survival or reproductive success when finding food.

Optimally-sized Whelk

Refers to the ideal size of a whelk (a type of sea snail) for reproductive success, predator avoidance, or ecological efficiency.