Aries and Eros start a partnership firm with capital contributions of $40,000 and $60,000, respectively. In the course of the year, Aries withdraws $5,000 from the business in order to meet his personal expenses. Which of the following is the correct journal entry to close the relevant Withdrawals account at the end of the year?

A.No Entry

B. Aries, Withdrawals $5,000

Cash $5,000

C. Aries, Withdrawals $5,000

Eros, Capital $5,000

D. Aries, Capital $5,000

Aries, Withdrawals $5,000