Assume the Balance in the Retained Earnings Account at January

Assume the balance in the Retained Earnings account at January 1,2019 is zero,and no dividends are declared in 2019.If a debit balance of $5,000 exists in Retained Earnings after closing out revenues and expenses at the end of 2019,this indicates:

A) that the company had net income of $5,000.
B) an increase in cash of $5,000.
C) the company had a net loss of $5,000.
D) a decrease in cash of $5,000.