Debit withdrawals; credit cash is the correct answer.
A drawing account is not a bank account in and of itself. The record kept by a company owner or auditor that shows how much cash has been taken by business owners is referred to as drawing in accounts. These are withdrawals made for personal use rather than for the benefit of the corporation, albeit they are regulated significantly differently than employee wages.
Because these withdrawals must be adjusted against the owner's equity, reliable records of them must be kept. When you need to know how to terminate your drawings account, a separate drawing directly deals it easier to keep track of these activities and balance the books at the end of every fiscal year.
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