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



A journal entry has only two lines: a) Increase in a Liability, b) Decrease in Dividends. 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 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 one Expense, b) Decrease in another Expense. 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 CR and b) is a CR so the entry is NOT valid o oo a) is a DR and b) is a CR so the entry is valid A journal entry has only two lines: a) Decrease in an Asset, b) Increase in a Liability. Multiple Choice 0 a) is a CR and b) is a DR so the entry is valid 0 a) is a DR and b) is a CR 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 DR so the entry is NOT valid
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