The F. Mercury, Capital account has a credit balance of $37,000 before closing entries are made....

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The F. Mercury, Capital account has a credit balance of $37,000 before closing entries are made. If total revenues for the period are $55,200, total expenses are $38,800, and withdrawals are $9,000, what is the ending balance in the F. Mercury, Capital account after all closing entries are made? Answer: The F. Mercury, Capital account has a credit balance of $37,000 before closing entries are made. If total revenues for the period are $55,200, total expenses are $38,800, and withdrawals are $9,000, what is the ending balance in the F. Mercury, Capital account after all closing entries are made? Answer: