The nomal balance of an expense account is a because expenses decrease O A. credit, retained earnings B. debit; expenses O C. debit: assets OD. debit; retained earnings After the closing entries are prepared and posted O A. the temporary accounts will have debit balances. B. all liability accounts will have a zero balance. OC. all asset accounts will have a zero balance OD. the Retained Earnings account will have the correct ending balance Abusiness paid $57,000 cash to purchase equipment. The business would: O A. debit Equipment for $57,000 and credit Accounts Payable for $57,000. O B. debit Cash for $57,000 and credit Notes Payable for $57,000 O C. debit Accounts Payable for $57,000 and credit Cash for $57,000 OD. debit Equipment for $57,000 and credit Cash for $57,000