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In order to close an Expense account with a balance of $30,000 you must: Select one: a. Debit Expenses $30,000 b. Credit Expenses $30,000 c.

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In order to close an Expense account with a balance of $30,000 you must: Select one: a. Debit Expenses $30,000 b. Credit Expenses $30,000 c. No adjustment needed. In order to close a Revenue account with a balance f $50,000 you must: Select one: a. Debit Revenue $50,000 b. Credit Revenue $50,000 c. No adjustment needed. Temporary/Nominal Accounts are: Select one: a. Revenue, Expense, Accumulated Depreciation b. Revenue, Expense and Capital c. Revenue, Expense and Drawing

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