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Accounts are kept in Jahin Stores according to one-sided entries. Business assets on January 1, 2020 Liabilities are as follows: Cash in hand - Rs.30,000 Furniture - Rs.25,000 Laptops - Rs.47,000 Debtors - Rs.21,000 Creditors - Rs.15,000 Debt - Rs.6,000 On December 31, 2020, Mate's assets at Jahin Stores were Rs. 4,30,000 and Mate's liabilities were Rs. 1,60,000. In the middle of the year, the owner invests Rs 50,000 in the shop. He is also in personal need Withdrew Rs 25,000 in cash and Rs 5,000 worth of goods. (A) Show the amount of closing capital of Jahin Stores. (B) Determine the amount of initial capital of Jahin Stores. (C) Show the profit or loss of Jahin Stores at the end of the year.

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Accounts are kept in Jahin Stores according to one-sided entries. Business assets on January 1, 2020 Liabilities are as follows: Cash in hand - Rs.30,000 Furniture - Rs.25,000 Laptops - Rs.47,000 Debtors - Rs.21,000 Creditors - Rs.15,000 Debt - Rs.7,000 On December 31, 2020, Mate's assets at Jahin Stores were Rs. 4,30,000 and Mate's liabilities were Rs. 1,80,000. In the middle of the year, the owner invests Rs 50,000 in the shop. He is also in personal need Withdrew Rs 25,000 in cash and Rs 5,000 worth of goods. (A) Show the amount of closing capital of Jahin Stores. (B) Determine the amount of initial capital of Jahin Stores. (C) Show the profit or loss of Jahin Stores at the end of the year.