12 Bald Eagle Company has recorded all the year-end adjustments. Its revenue accounts total $275,500 and its expense accounts total $188,500. The closing entry to close the income statement accounts for the year will debit the various expense accounts for a total of $188,500, debit Retained Earnings for $87,000, and credit the various revenue accounts for a total of $275,500. revenue accounts for a total of $275,500, credit the various expense accounts for a total of $188,500, and credit Retained Eamings for $87,000. O expense accounts for a total of $188,500, credit the various revenue accounts for a total of $275,500, and credit Retained Eamings for $87,000. revenue accounts for a total of $275,500, debit Retained Earnings for $87,000, and credit the various expense accounts for a total of $188,500.. none of the above are correct 00000