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17 The F. Mercury Capital account has a credit balance of $39.000 before closing entries are made. Services revenue for the period is $57,200, wages

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17 The F. Mercury Capital account has a credit balance of $39.000 before closing entries are made. Services revenue for the period is $57,200, wages expenses 540,800 and withdrawals are $9,800. What is the correct closing entry for the expense accounts? Me Choke Debit Wages expense $79.000, cred Mercury, Capital $39.000 O Dobe. Mercury Waldrawals accounts $40,000; cred Wages expose $40,900 O Door income Summary $40,900,crudie Mercury Capital S40,800, Debet income Summary $40,000 credit Wages expense 540,800 Der Wages experie 540,800, cede encone Summary $40,800 The following information is available for Zephyr Company before closing the accounts. After all of the closing entries are made, what will be the Dalance in the Zephy Capital account? Bet Tacone Sephyr, Capital Sephyr, withdrawals $ 112,700 108,000 40,000 Me Choice 2 Multiple Choice 00:56.15 $935,300 $112.700 $253.400 $220700 $180,700

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