Jen Rogers Withdrew a Total of $35,000 from Her Business

Multiple Choice

Jen Rogers withdrew a total of $35,000 from her business during the current year.The entry needed to close the withdrawals account is:

A) Debit Income Summary and credit Cash for $35,000.
B) Debit Jen Rogers,Withdrawals and credit Cash for $35,000.
C) Debit Income Summary and credit Jen Rogers,Withdrawals for $35,000.
D) Debit Jen Rogers,Capital and credit Jen Rogers,Withdrawals for $35,000.
E) Debit Jen Rogers,Withdrawals and credit Jen Rogers,Capital for $35,000.