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TB MC Qu. 04-107 The F. Mercury, Capital account has... The F. Mercury, Capital account has a credit balance of $21,250 before closing entries are
TB MC Qu. 04-107 The F. Mercury, Capital account has... The F. Mercury, Capital account has a credit balance of $21,250 before closing entries are made. If total revenues for the period are $67,700, total expenses are $49,300, and withdrawals are $11,250, what is the ending balance in the F. Mercury, Capital account after all closing entries are made? Multiple Choice O $10,000. O $18,400. O $28,400. O $21,250. O $39,650
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