The Proper Journal Entry to Record a Proprietor Taking $500 $\begin{array} { | c | r | r | } \hline \text { Cash } & 500 & \\\hline \text { Withdrawals } & & 500 \\\hline\end{array}$

Multiple Choice

The proper journal entry to record a proprietor taking $500 cash from the business for personal use is:

A) $\begin{array} { | c | r | r | } \hline \text { Cash } & 500 & \\\hline \text { Withdrawals } & & 500 \\\hline\end{array}$
B) $\begin{array} { | c | r | r | } \hline \text { Withdrawals } & 500 & \\\hline \text { Cash } & & 500 \\\hline\end{array}$
C) $\begin{array} { | c | r | r | } \hline \text { Salary expense } & 500 & \\\hline \text { Cash } & & 500 \\\hline\end{array}$
D) $\begin{array} { | c | r | r | } \hline \text { Loans payable } & 500 & \\\hline \text { Cash } & & 500 \\\hline\end{array}$