The F. Mercury, capital account has a credit balance of $40,000 before closing entries are made. Total revenues for the period are $58,200, total expenses are $41,300 and withdrawals are $10,200. What is the correct closing entry for the revenue accounts?

A. Debit income summary $58,200; credit revenue accounts $58,200

B. Debit revenue accounts; credit F Mercury, capital $40,000

C. Debit revenue accounts $58,200; credit F Mercury, capital $40,000

D. Debit revenue accounts $58,200; credit income summary $58,200

E. Debit income summary $40,000; credit F Mercury, capital $40,000