Question: A journal entry has only two lines: a) Decrease in one Revenue, b) Decrease in another Revenue. A journal entry has only two lines: a)

A journal entry has only two lines: a) Decrease in one Revenue, b) Decrease in another Revenue.

A journal entry has only two lines: a) Decrease in a liability, b) Increase in Dividends.

A journal entry has only two lines: a) Increase in a Revenue account, b) Decrease in Dividends.

A journal entry has only two lines: a) Increase in one Revenue, b) Increase in another Revenue.

A journal entry has only two lines: a) Increase in one asset, b) Decrease in a second asset.

A journal entry has only two lines: a) Increase in Owners' Equity, b) Increase in an Expense account.

A journal entry has only two lines: a) Decrease in an asset, b) Decrease in Owners' Equity.

A journal entry has only two lines: a) Increase in a Liability, b) Increase in Owners' Equity.

A journal entry has only two lines: a) Decrease in a Liability, b) Increase in Owners' Equity.

A journal entry has only two lines: a) Decrease in Revenue, b) Increase in Dividends.

A journal entry has only two lines: a) Decrease in a Revenue account, b) Increase in an Expense account.

A journal entry has only two lines: a) Decrease in a liability, b) Decrease in Dividends.

A journal entry has only two lines: a) Decrease in one Expense, b) Decrease in another Expense.

A journal entry has only two lines: a) Decrease in an asset, b) Increase in a Revenue account.

A journal entry has only two lines: a) Increase in a Revenue account, b) Increase in an Expense account.

A journal entry has only two lines: a) Decrease in an Asset, b) Decrease in Owners' Equity.

A journal entry has only two lines: a) Increase in one revenue, b) Decrease in another revenue.

A journal entry has only two lines: a) Decrease in an asset, b) Decrease in an Expense.

A journal entry has only two lines: a) Increase in a Liability, b) Increase in Revenue account.

A journal entry has only two lines: a) Increase in an asset, b) Increase in Revenue.

A journal entry has only two lines: a) Decrease in an asset, b) Increase in Owners' Equity.

A journal entry has only two lines: a) Increase in an Expense account, b) Increase in Dividends.

A journal entry has only two lines: a) Decrease in Owners' Equity, b) Increase in an Expense account.

A journal entry has only two lines: a) Decrease in a Liability, b) Decrease in Owners' Equity.

A journal entry has only two lines: a) Increase in an asset, b) Decrease in Dividends.

A journal entry has only two lines: a) Decrease in an asset, b) Decrease in Dividends.

A journal entry has only two lines: a) Decrease in an Expense, b) Increase in Dividends.

A journal entry has only two lines: a) Decrease in one Liability, b) Decrease in a second liability.

A journal entry has only two lines: a) Decrease in a liability, b) Decrease in a Revenue account.

A journal entry has only two lines: a) Decrease in a Liability, b) Increase in an Expense.

A journal entry has only two lines: a) Decrease in Revenue, b) Decrease in Dividends.

A journal entry has only two lines: a) Increase in a Revenue account, b) Increase in Dividends.

A journal entry has only two lines: a) Increase in Owners' Equity, b) Increase in Revenue.

A journal entry has only two lines: a) Increase in an Expense, b) Decrease in Dividends.

A journal entry has only two lines: a) Increase in an asset, b) Decrease in an Expense.

A journal entry has only two lines: a) Decrease in Owners' Equity, b) Decrease in Dividends.

A journal entry has only two lines: a) Decrease in Owners' Equity, b) Increase in Dividends.

A journal entry has only two lines: a) Decrease in an Expense account, b) Decrease in Dividends.

A journal entry has only two lines: a) Increase in an asset, b) Increase in Owners' Equity.

ALL PARTS OF THE SAME QUESTION , PLEASE KEEP ANSWERS BRIEF

EVERY QUESTION IS ANSWERED BY 1 OF THE FOLLOWING 4 CHOICES

Multiple Choice

a) is a CR and b) is a CR so the entry is NOT valid
a) is a CR and b) is a DR so the entry is valid
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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