transactions

When purchasing merchandise,,

DR - Purchases

DR - HST Recoverable

CR - Bank or A/P

When returning merchandise,,Buyer POV

DR - A/P

CR - Purchases

CR - HST Recoverable

When returning a SALE (not merchandise) Seller POV

DR - Sales

DR - HST Payable

CR - A/R

When making a SALE (not merchandise) Seller POV

DR - A/R

CR - Sales

CR - HST Payable

(Buyer) When your paying off a purchase invoice for MERCHANDISE, on discount

DR - A/P

CR - Discount Earned

CR - Bank