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The f. Mercury, Capital account has a credit balance of $57,000 before closing entries are made. Total revenues for the period are $75,200, total expenses

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The f. Mercury, Capital account has a credit balance of $57,000 before closing entries are made. Total revenues for the period are $75,200, total expenses are $49.800, and withdrawals are $17.000. What is the correct closing entry for the expense accounts? Multiple Choice Debit income Summary $49.800 credit Expense accounts $19.800 Debit pense accounts $19.800 credit Income Summary $49,800 O Debit Expense accounts $57000, credt Mercury Cap $57000 Debit Income Summary $49.800. Credit Mercury Capital $19.800. O Credit Expense accounts $49,900, debit, Marcuy. Capital S49,800

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