A journal entry has only two lines: a) Increase in an asset, b) Increase in an Expense. Multiple Choice a) is a CR and b) is a CR so the entry is NOT valid D) 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) Decrease in a Liability, 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 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 journal entry has only two lines: a) Increase in an asset, b) Increase in a 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) is a DR and b) is a DR so the entry is NOT valid