Date Particulars L.E. Debit Amount) Credit Amount() 2019 Jan 1 Dr 8,000 Purchases Alc To Anupam's Alc (Being goods purchased on credit) 8,000 10 Dr. 700 700 Anupam's Alc To Purchases Return Alc (Being goods returned) Anupam's Alc To Cash A/C (Being cash paid to Anupam) 20 Dr. 7.000 7,000 Total 15,700 15,700 42 Cr. Posting of these entries in Anupam's Alc Dr. Anupam's Account Date Particulars J.F. Amt) Date 2019 2019 Particulars J.F. Amt () Jan 10 Jan 1 By Purchases A/C 8,000 To Purchases Return A/C 700 20 To Cash A/C 7.000 31 To Balance c d 300 8.000 8,000 Feb 1 By Balance b/d 300 Note: Anupam's A/c shows a credit balance so he is our Creditor. Illustration 10 Following transactions took place between Abha & Nabha Prepare Abha's A/c in the books of Nabha and Nabha's A/c in the books of Abha. 2019 Sept. 1 Abha owed to Nabha 22.000 3 Nabha received 16,000 on account from Abha Abha bought goods from Nabha 5,000. 20 Abha paid to Nabha 6,000 on account a 5% cash discount 25 Nabha received goods returned by Abha 550. 30 Abha paid 1,500 to Nabha 9