Open 'T' shape account of our creditor 'Sanjay' and write the following transactions on the proper sise :
1. Purchased goods from Sanjay on Credit for Rs. 40,000.
2. Paid to Sanjay Rs. 25,000.
3. Again purchased goods from Sanjay on Credit for Rs. 16,000.
4. Goods returned to Sanjay for Rs. 2,000.
5. Paid to Sanjay Rs. 20,000.

Explanation