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TB MC Qu, 04-109 The F. Mercury, Capital account has a credit... The F. Mefcury. Capital account has a credit balance of $37.000 before ciosing

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TB MC Qu, 04-109 The F. Mercury, Capital account has a credit... The F. Mefcury. Capital account has a credit balance of $37.000 before ciosing entries are made. Total revencies for the period are $55,200 total expenses ate $39,800, and withdrawals are $9,000. What is the correct closing entry for the expense accounts

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