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The date of record is november 15 and the payment date is

Question - 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. Provide the journal entry needed on November 30.

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Accounting Basics: The date of record is november 15 and the payment date is

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