The F Mercury, Capital Account Has a Credit Balance of $37,000

Multiple Choice

The F. Mercury, Capital account has a credit balance of $37,000 before closing entries are made. Total revenues for the period are $55,200, total expenses are $39,800, and withdrawals are $9,000.
-What is the correct closing entry for the revenue accounts?

A) Debit Revenue accounts $55,200; credit Income Summary $55,200.
B) Debit Revenue accounts $55,200; credit F. Mercury, Capital $37,000.
C) Debit Revenue accounts $37,000; credit F. Mercury, Capital $37,000.
D) Debit Income Summary $55,200; credit Revenue accounts $55,200.
E) Debit Income Summary $37,000; credit F. Mercury Capital $37,000.