From the following particulars prepare the account of Xavier the proprietor of the business.

(1)capital introduced rs.30,00,000
(2)cash with drawn for daughters marriage rs.5,00,000
(3)sold father's investments and brought into business worth rs.8,00,000
(4)loss for the period rs.1,50,000

Dipagshu, the solution of your query is here.
Xavier's Capital A/c
Dr.   Cr.
Date Particulars Amount 
Rs )
Date Particulars Amount 
Rs )
           
  Drawings 5,00,000   Cash A/c 30,00,000
  Loss for the period 1,50,000   Cash A/c 8,00,000
  Balance c/d 31,50,000      
    38,00,000     38,00,000
           

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