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:
Recreational Fishing
Fishing activities undertaken for pleasure or sport rather than for commercial purposes.
Coastal Wetlands
Coastal wetlands are areas where water and land meet, such as marshes and bogs, which provide critical habitats for many species and act as natural barriers against severe weather.
Agriculture And Development
The interrelated process where agriculture contributes to economic growth and development, while development promotes agricultural improvements.
Marine Biodiversity
The variety of life forms found in marine ecosystems, including the diversity of species, habitats, and ecological processes.
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