The Drawings Account Has a Normal Balance of $30 000

Multiple Choice

The drawings account has a normal balance of $30 000. The correct entry to close this account is:

A) DR Profit or loss summary account $30 000; CR Drawings $30 000
B) DR Owner's capital account $30 000; CR Drawings $30 000
C) DR Drawings $30 000; CR Bank $30 000
D) DR Bank $30 000; CR Drawings $30 000