A journal entry has only two lines: a) Increase in one Liability, b) Decrease in a second liability. 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 one Expense, b) Decrease in another Expense 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 o 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 Liability, b) Decrease in second liability 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 CR so the entry is valid a) is a CR and b) is a DR so the entry is valid a) a DR and b) is a DR so the entry is NOT valid Ajournal entry has only two lines: a) Increase in a liability, b) Decrease in an Expense. Multiple Choice a) is a CR and b) is a CR so the entry is NOT valid O a) is a DR and b) is a CR so the entry is 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 A journal entry has only two lines: a)Decrease in an asset, b) Increase in a Revenue account 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 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