Rogers insurance agency started the year with a beginning capital balance of $ 25 comma 000. during the year, rogers insurance agency earned $ 41 comma 000 of service revenue and incurred $ 26 comma 000 of various expenses. rogers withdrew $ 11 comma 000 from the business. after the closing entries are recorded and posted, what will be the balance of rogers, capital? post the beginning balance and closing entry amounts to the capital account. use a "bal." posting reference to show the beginning and ending balance of the capital account. use a "clos." posting reference to show the amounts that are posted while closing the books. the revenue and expense amounts should be combined into one closing entry for net income (like you are closing the income summary account).