Purrfect Pets Has Made All the Year-End Adjustments

Purrfect Pets has made all the year-end adjustments.Its expense accounts total $130,000,and its revenue accounts total $190,000.The closing journal entry to close the income statement accounts for the year will:

A) debit its various expense accounts for a total of $130,000,debit retained earnings for $60,000,and credit its various revenue accounts for a total of $190,000.
B) debit its various revenue accounts for a total of $190,000,credit retained earnings for $60,000,and credit its various expense accounts for a total of $130,000.
C) debit its various expense accounts for a total of $130,000,credit its various revenue accounts for a total of $190,000,and credit retained earnings for $60,000.
D) debit its various revenue accounts for a total of $190,000,debit retained earnings for $60,000,and credit its various expense accounts for a total of $130,000.