Q. 1. Open a ‘T’ shape account and record the following transactions in Cash A/c, Debtor’s A/c and creditors A/c and Balance the same. Apply modern approach. ₹ i] Cash sales20000 ii]Bought goods from Naresh15000 iii]Goods sold to Suresh22000 iv] Goods returned to Naresh 2000 v] Paid to Naresh 9000 vi] Suresh returned goods 3000 vii] Cash received from Suresh16000