A journal entry has only two lines: a) Decrease in an asset, b) Increase in Owners' Equity. Multiple Choice 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 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 one Liability, b) Decrease in a second liability. Multiple Choice O 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 DR so the entry is NOT valid O a) is a DR and b) is a CR so the entry is valid A journal entry has only two lines: a) Increase Owners' Equity, 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 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 O a) is a DR and b) is a CR so the entry is valid A journal entry has only two lines: a) Increase in an asset, b) Decrease in Owners' Equity. Multiple Choice 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 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