The following is the adjusted trial balance as of December 31, 2015 of Current Times Watch Company: 
Provide the closing entry for Owner's Withdrawals.
Definitions:
Wealth Effect
The change in spending that accompanies a change in perceived wealth, usually through market price changes of assets like homes or investments.
Aggregate Demand
The complete summon for goods and services in an economy, quantified at a particular level of overall price throughout a definite period.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period, which can be influenced by factors like production technology and labor availability.
Increased Immigration
A scenario where the number of people entering a country to live permanently exceeds the number leaving, affecting various aspects of the economy, including the labor market.
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