J. Awn, the proprietor of Awn Services, withdrew $8, 700 from the business during the current he entry to close the withdrawals account at the end of the year is: A. Debt Awn. Withdrawals $8, 700; credit Cash, $8, 700 B. Debit J. Awn, Capital $8, 700: credit J. Awn, Withdrawals $8, 700 C. Debit J. Awn, Withdrawals $8, 700; credit J. Awn. Capital $8, 700 D. Debit J. Awn. Capital $8, 700, credit Salary Expense $8, 700 E. Debit Income Summary $8, 700; credit J. Awn. Capital $8, 700 The following information is available for the Travis Travel Agency. After these closing entries what will be the balance in the Jay Travis, Capital account? Total revenues $125,000 Total expenses ................ 60,000 Jay Travis, Capital .............. 80,000 Jay Travis, Withdrawals ...... 15,000 A. $65,000. B. $80,000. C. $130,000. D. $145,000. E. $280,000. $80,000 + $125,000 - $60,000 - $15,000 - $130,000