Question: undefined A journal entry has only two lines: a) Increase in a Liability, b) Increase in Owners' Equity. Multiple Choice a) is a CR and

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

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

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