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 0 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 liability, b) Increase in Dividends. Multiple Choice a) is a DR and b) is a DR so the entry is NOT valid a) is a DR and b) is a CR so the entry is valid 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 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 CR and b) is a DR so the entry is 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) Decrease in an Asset, b) Decrease in Owners' Equity. 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 DR 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 journal entry has only two lines: a) Increase in a Liability, b) Decrease in Owners' Equity. Multiple Choice 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 his a DR so the entry is NOT valid a) is a CR and b) is a CR so the entry is NOT valid