The following normal account balances were found on the general ledger before closing entries were prepared: Revenue Expenses Capital $1,200 $640 $7,000 Cash Accounts Receivable Withdrawals $1,300 $420 $1,000 After closing entries are posted, what is the balance in the Capital account? O A. $7.000 B. $6,560 O c. $7,560 D. Closing entries do not affect the Capital account. Click to select your answer * Previous