A journal entry has only two lines: a)Decrease in an asset, b) Decrease in a liability Multiple Choice a) is a CR and b) is a DR so the entry is valid ) is a CR and b) is a CR so the entry is NOT Valid o ay isa DR and b) is a DR so the entry is NOT valid as a DR and b) is a CR to the ontry is valid A journal entry has only two lines: a) Decrease in an Expense, b) Increase in Dividends. 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 CR so the entry is NOT valid O a) is a CR and b) is a DR so the entry is valid A journal entry has only two lines: a) Increase in a liability, b) Increase in an Expense. 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 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) is a DR and b) is a DR so the entry is NOT Valid A journal entry has only two lines: a) Increase 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