The F. Mercury, Capital account has a credit balance of $42,000 before closing entries are made. Total revenues for the period are $60,200, total expenses are $42,300, and withdrawals are $11,000. What is the correct closing entry for the expense accounts? ?

Debit Income Summary $42,300; credit Expense accounts $42,300. ?

Debit Expense accounts $42,000; credit F. Mercury, Capital $42,000. ?

Credit Expense accounts $42,300; debit F. Mercury, Capital $42,300. ?

Debit Expense accounts $42,300; credit Income Summary $42,300. ?

Debit Income Summary $42,300; credit F. Mercury Capital $42,300.