Which of the following best describes liabilities and stockholders' equity?Which of the following statements is correct? Group of answer choices Loss accounts result in decreases in net income and stockholders' equity and therefore have debit balances. Expense accounts result in decreases in net income and stockholders' equity and therefore have credit balances. Revenue accounts result in increases in net income and stockholders' equity and therefore have debit balances. Gain accounts result in increases in net income and stockholders' equity and therefore have debit balances