Owner's draws are withdrawals of a sole proprietorship's cash or other assets for the personal use of the owner. Each of the owner's draws of cash will be recorded with a credit to Cash and a debit to the owner's draws account (two examples of account titles include R. Smith, Drawing; N. Ott, Withdrawals). The owner's draws account is a contra owner's capital account or contra owner's equity account because it will likely have a debit balance. The owner's draws account is also a temporary account because its balance will be closed at the end of each year. However, the debit balance is closed directly to the owner's capital account.