Yes, the journal entry "Increase in Revenue, Decrease in Dividends" is valid, provided it accurately reflects a financial transaction or event in accordance with accounting principles.
This entry suggests that a company has experienced an increase in its revenue (typically from sales or other income sources) and has chosen to decrease its dividends (payments to shareholders) as a result. This could be a legitimate accounting entry, especially if the company's financial situation or profitability has improved, leading to higher revenue but a decision to retain earnings rather than distribute them as dividends.