The F$.$ Mercury, Capital account has a credit balance of $$53,000$ before closing entries are made. Services revenue for the period is $$71,200,$ wages expense is

$$47,800,$ and withdrawals are $$15,400.$ What is the correct closing entry for the revenue accounts?

Multiple Choice

Debit Services revenue $$71,200$; credit Income Summary $$71,200.$

Debit Services revenue $$53,000$; credit F$.$ Mercury, Capital $$53,000.$

Debit Income Summary $$53,000$; credit F$.$ Mercury Capital $$53,000.$

Debit Services revenue $$71,200$; credit F$.$ Mercury, Capital $$53,000.$

Debit Income Summary $$71,200$; credit Services revenue $$71,200.$