Jane Mena, the owner of Black Cat Burrito, withdrew $1,600 from the business for personal use. This transaction is recorded with a

Question

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As the owner withdrew money from the business for personal use, it is considered as Owner's Drawing which is recorded with a debit to Owner's Drawing and a credit to Cash. Option A is incorrect as it refers to salaries and wages expense which is unrelated to this transaction. Option B is incorrect as it credit's owner's capital which is not a valid account for this transaction. Option D is incorrect as it debits owner's capital when in fact the owner withdrew money from the business.

Jane Mena, the Owner of Black Cat Burrito, Withdrew $1,600