From the details given below prepare total Debtors Account and total Creditors account and find out credit sales and credit Purchases and total sales and total Purchases $ 1 Opening balance of debtors 15,000 2 Opening balance of creditors 14,000 3 Closing balance of debtors 3,000 4 Closing balance of creditors 5,000 67 5 Bills received during the year Bills accepted during the year 10,000 8,000 89 7 Cash received from customers Cash returned to customers Cash paid to suppliers Discount allowed by suppliers 270 3000 500 20,700 10 11 Discount allowed to customers 12 Bad debts written off 150 1,200 13 Bad debts recovered 300 14 Bills receivable endorsed to creditors 4,000 15 16 Bills receivable dishonoured by customers Endorsed bills receivable dishonoured 1,000 500 17 Bills receivable discounted 2,000 18 Discounted bills receivable dishonoured 500 19 Sales returns 2,000 20 Purchase return 1,200 21 Cash sales 20,000 22 Cash purchase 30,000