A joumal entry has only two lines: a) Increase in a Liability, b) Increase in Revenue account Multiple Choice a) is a CR and b) is a CR so the entry is NOT valid Os) is a DR and b) is a DR so the entry is NOT valid 0 ) is a CR and b) is a DR so the entry is valid O ) is a DR and b) is a CR so the entry is 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 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) 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 journal entry has only two lines: a) Increase in a Revenue account, b) Increase in an Expense account. Multiple Choice a) is a CR and b) is a CR so the entry is NOT valid O ) 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 DR so the entry is valid A journal entry has only two lines: a) Increase in an asset, b) Increase in Owners' Equity Multiple Choice O 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 CR so the entry is valid a) Is a DR and b) is a DR so the entry is NOT valid A journal entry has only two lines: a) Increase in a Revenue account, 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