#146, 151, 157

143) For a journal entry with only two lines, the following entry is valid: Decrease in an asset, Increase in a Owners' Equity A) True B) False 144) For which of the following must Debits equal Credits (This question may have r Transaction Entries Ail ave Correct Closing Entries SAd jus 145) For a journal entry with only two lines, the following entry is valid: Increase in a Liability, Increase in Revenue. A) False B) True 146) For a journal entry with only two lines, the following entry is valid: Decrease in Owners' Equity, Increase in Revenue. A) False B) True 147) When writing formal journal entries A) There is no required ordering of Debits and Credits B) Credits are on top, Debits are on the bottom pebits are on top, Credits are on the bottom