Use This Information to Answer the Following Question

question 201

Multiple Choice

Use this information to answer the following question. The Retained Earnings,Dividends,and Income Summary accounts for Gula's Repair Corporation for the accounting period are presented below in T account form after the recording and posting of closing entries:


The amount of dividends for the period is

• A) $400.
• B) $100.
• C) $500.
• D) $600.

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Definitions:

M'Naghten Rule

A legal principle establishing the insanity defense based on the inability to know right from wrong at the time of committing a crime.

Jail Diversion

An arrangement in which mentally disturbed criminal defendants are treated for their disorders on an outpatient basis. That is, they are diverted from jail to the community for mental health care.

Mental Health Care

Professional and supportive services aimed at improving and maintaining mental health and preventing mental illness.

Minor Charges

Legal accusations that are less serious compared to felony charges, often resulting in lesser penalties.