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On November 1,2018,Worldwide,Inc

question 164

Essay

On November 1,2018,Worldwide,Inc.declared a dividend of $3.00 per share.Worldwide,Inc.has 20,000 shares of common stock outstanding and no preferred stock.Prepare the journal entry to record this transaction.Omit explanation.


Definitions:

Intrinsic Rewards

Internal or psychological rewards that are derived from the activity itself rather than from external factors.

Extrinsic Reinforcers

Reinforcers that are not inherently related to the activity being reinforced.

Inherently Related

Describes things that are naturally or fundamentally connected or linked to each other.

Latent Learning

A form of learning that is not immediately expressed in an overt response; it occurs without obvious reinforcement.

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