K. Canopy, the proprietor of Canopy Services, withdrew $6,100 from the business during the current year. The entry to close the withdrawals account at the end of the year is:
Multiple Choice
Debit K Canopy, Withdrawals $6,100; credit Cash, $6,100
Debit K. Canopy, Capital $6,100; credit K. Canopy, Withdrawals $6,100
Debit K. Canopy, Withdrawals $6,100; credit K. Canopy, Capital $6,100
Debit K. Canopy, Capital $6,100, credit Salary Expense $6,100
Debit Income Summary $6,100; credit K. Canopy, Capital $6,100