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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
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? 0 9 Multiple Choice $10,000 $39,650 $28,400. $21,250. $18,400. Screenshot
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