41) The following normal account balances were found on the general ledger before closing

entries were prepared:

Revenue $700 Cash $500

Expenses $400 Accounts Receivable $350

Capital $7,500 Withdrawals $1,000

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After closing entries are posted, what is the balance in the Capital account?

A) $7,800

B) $7,500

C) $6,800

D) Closing entries do not affect the Capital account.