Rajesh commenced business with a capital of , 2.00.000. At the end of the year his assets include cash rs 40.000 stock rs 70,000, debtors rs 85,000, fiunintre rs 25,000 and liabilities rs 30,000 Ascertain his capital at the end and profit or loss incurred if introduced further capital of rs 25,000 but bought bike of rs 30,000 for personal use during the year .
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