Journal entry for owner's withdrawal Instructions Chart of Accounts Journal Instructions Prepare a journal entry on December 23 for the withdrawal of $15,000 by Graeme Schneider for personal use. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered