Which statements are true regarding the closing process?

All expense and loss accounts, as well as assets, are credited for amounts equal to their year$-$end debit balances.

All expense and loss accounts, as well as dividends, are credited for amounts equal to their year$-$end debit balances.

All revenue and gain accounts are debited for amounts equal to their year$-$end credit balances.

All revenue and gain accounts, as well as liabilities, are debited for amounts equal to their year$-$end credit balances.