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A journal entry has only two lines: a) Decrease in Owners' Equity, b) Increase in Dividends. Multiple Choice a) is a DR and b) is
A journal entry has only two lines: a) Decrease in Owners' Equity, b) Increase in Dividends. Multiple Choice a) is a DR and b) is a CR 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 DR so the entry is valid a) is a CR and b) is a CR so the entry is NOT valid A journal entry has only two lines: a) Increase in Owners' Equity, b) another Increase in one Owners' Equity. Multiple Choice O ) a) is a DR and b) is a DR so the entry is NOT valid O a) is a DR and b) is a CR so the entry is valid O a) is a CR and b) is a CR so the entry is NOT valid O a) is a CR and b) is a DR so the entry is valid A journal entry has only two lines: a) Decrease in an asset, 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 CR so the entry is valid O ( a) is a DR and b) is a DR so the entry is NOT valid O ) a) is a CR and b) is a DR so the entry is valid O A journal entry has only two lines: a) Increase in a liability, b) Increase in Dividends. Multiple Choice O a) is a DR and b) is a DR so the entry is NOT valid O a) is a DR and b) is a CR so the entry is valid O a) is a CR and b) is a CR so the entry is NOT valid O a) is a CR and b) is a DR so the entry is valid A journal entry has only two lines: a) Decrease in an asset, b) Decrease in a liability Multiple Choice 0 a) is a CR and b) is a DR so the entry is valid 0 a) is a CR and b) is a CR so the entry is NOT valid 0 a) is a DR and b) is a CR so the entry is valid a) is a DR and b) is a DR so the entry is NOT valid
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