A journal entry has only two lines a) Decrease in Revenue, b) Increase in Dividends Multiple Choice a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a DR so the entry is valid a) is a DR and b) is a DR so the entry is NOT valid a) is a CR and b) is a CR so the entry is NOT valid A journal entry has only two lines a) Decrease in Revenue, b) Decrease in Dividends Multiple Choice a) is a CR and b) is a CR so the entry is NOT Valid a) is a DR and b) is a DR so the entry is NOT valid a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a DR so the entry is valid A journal entry has only two lines a) Increase in a Revenue account, b) Increase in Dividends Multiple Choice a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a DR so the entry is valid a) is a CR and b) is a CR so the entry is NOT valid a) is a DR and b) is a DR so the entry is NOT valid A journal entry has only two lines a) Decrease in a Liability, b) Increase in an Expense Multiple Choice 0 a) is a CR and b) is a DR so the entry is valid a) is a DR and b) is a DR so the entry is NOT valid a) Is a CR and b) is a CR so the entry is NOT valid a) is a DR and b) is a CR so the entry is valid A journal entry has only two lines a) Decrease in Owners' Equity, b) Increase in a Revenue account Multiple Choice a) is a CR and b) is a DR so the entry is valid a) is a DR and b) is a DR so the entry is NOT valid a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a CR so the entry is NOT valid

Question

A journal entry has only two lines  a) Decrease in Revenue, b) Increase in Dividends  Multiple Choice a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a DR so the entry is valid a) is a DR and b) is a DR so the entry is NOT valid a) is a CR and b) is a CR so the entry is NOT valid A journal entry has only two lines  a) Decrease in Revenue, b) Decrease in Dividends  Multiple Choice a) is a CR and b) is a CR so the entry is NOT Valid a) is a DR and b) is a DR so the entry is NOT valid a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a DR so the entry is valid A journal entry has only two lines  a) Increase in a Revenue account, b) Increase in Dividends  Multiple Choice a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a DR so the entry is valid a) is a CR and b) is a CR so the entry is NOT valid a) is a DR and b) is a DR so the entry is NOT valid A journal entry has only two lines  a) Decrease in a Liability, b) Increase in an Expense  Multiple Choice 0 a) is a CR and b) is a DR so the entry is valid a) is a DR and b) is a DR so the entry is NOT valid a) Is a CR and b) is a CR so the entry is NOT valid a) is a DR and b) is a CR so the entry is valid A journal entry has only two lines  a) Decrease in Owners' Equity, b) Increase in a Revenue account  Multiple Choice a) is a CR and b) is a DR so the entry is valid a) is a DR and b) is a DR so the entry is NOT valid a) is a DR and b) is a CR so the entry is valid a) is a CR and b) is a CR so the entry is NOT valid

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A journal entry has only two lines: a) Decrease in Revenue, b) Increase in Dividends. Multiple Choice a) is a DR and b) is a

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