Drawings account is a Personal Account.

Personal accounts are related to individuals, firms, or companies. These accounts represent the people or entities with whom a business has financial transactions. These accounts are classified into three categories: natural persons, artificial persons, and representative personal accounts.

Drawings account falls under the category of natural persons. It is a personal account because it represents the owner of the business or the proprietor who withdraws money or assets from the business for personal use.

Here are the reasons why the correct answer is option 'A', which states that the Drawings account is a Personal Account:

1. Nature of the Account:
- Drawings account represents the owner of the business.
- It records the withdrawal of money or assets by the owner for personal use.
- As it is associated with an individual, it falls under the category of Personal Account.

2. Relationship with the Owner:
- The Drawings account is directly related to the owner of the business.
- It reflects the personal transactions of the owner with the business.
- The withdrawals made by the owner are recorded in this account, reducing the capital invested by the owner.

3. Treatment in Financial Statements:
- The balance of the Drawings account is deducted from the owner's capital in the balance sheet.
- It helps in determining the owner's equity or the net worth of the business.
- The balance of the Drawings account is transferred to the owner's capital account at the end of the accounting period.

In conclusion, the Drawings account is classified as a Personal Account because it represents the owner of the business and records the withdrawals made by the owner for personal use.