Falcons, Inc. ends their fiscal year with $24,000,000 in revenues, $15,000 in gains, $19,000,000 in expenses and $2,000 in losses. To close these accounts and transfer the amounts to retained earnings prior to the preparation of the balance sheet, Falcons must... O a. Debit expenses for $19,000,000 b. Credit expenses for $19,000,000 c. Debit retained earnings for $19,000,000 d. Both "b" and "C" are correct