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

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On November 1, 2014, Oster Company declared a dividend of $3.00 per share. Oster Company has 20,000 shares of common stock outstanding and no preferred stock. The date of record is November 15, and the payment date is November 30, 2014. Please provide the journal entry needed on November 30.
On November 1, 2014, Oster Company declared a dividend of $3.00 per share. Oster Company has 20,000 shares of common stock outstanding and no preferred stock. The date of record is November 15, and the payment date is November 30, 2014. Please provide the journal entry needed on November 30.


Definitions:

Videotaped Records

Documented visual and audio records that capture events, behaviors, or sessions on video.

Triangulation

A method used in research to cross-validate data through the use of multiple data sources, methods, investigators, or theories.

Garbology

The study of a community or culture by analyzing its waste to understand its habits and behaviors.

Covert Observations

Observing subjects without their knowledge for research or information-gathering purposes.

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