Question: A journal entry has only two lines: a) Increase in a liability, b) Decrease in an Expense. Multiple Choice 0 a) is a DR and

 A journal entry has only two lines: a) Increase in a

A journal entry has only two lines: a) Increase in a liability, b) Decrease in an Expense. Multiple Choice 0 a) is a DR and b) is a CR so the entry is valid 0 a) is a CR and b) is a CR so the entry is NOT valid O a) is a CR and b) is a DR so the entry is valid 0 a) is a DR and b) is a DR so the entry is NOT valid

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