Posting Daybooks - double entry

Discounts received - Net

Credit - discounts received a/c

Discounts received - VAT

Credit - VAT a/c

Discounts received - Gross

Debit - Payables Ledger Control a/c

Credit Purchases - Net

Debit - Purchases a/c

Credit Purchases - VAT

Debit - VAT a/c

Credit Purchases - Gross

Credit - Payables ledger control a/c

Credit purchases returns - Gross

Debit - Payables ledger control a/c

Credit Purchase returns - VAT

Credit - VAT a/c

Credit Purchase returns - Net

Credit - Purchase Returns a/c

Cash Book, Payments to credit suppliers - Gross

Debit - payables ledger control a/c

Cash Book, Payments to credit suppliers - Gross

Credit - Bank a/c

Cash Book, Cash purchases - Net

Debit - Purchases a/c

Cash Book, cash purchases - VAT

Debit - VAT a/c

Cash Book, cash purchases - Gross

Credit - Bank a/c or Petty cash a/c

Cash Book, receipts from credit customers - Gross

Credit - Receivables ledger control a/c

Cash Book, receipts from credit customers - Gross

Debit - Bank a/c

Cash Book, cash sales - Gross

Debit - Bank a/c or petty cash a/c

Cash Book, cash sales - VAT

Credit - VAT a/c

Cash Book, cash sales - Net

Credit - sales a/c

Credit sales - Gross

Debit - receivables ledger control a/c

Credit sales - VAT

Credit - VAT a/c

Credit sales - Net

Credit - Sales a/c

Credit sales returns - Net

Debit - sales returns a/c

Credit sales returns - VAT

Debit - VAT a/c

Credit sales returns - Gross

Credit - Receivables ledger control a/c

Discounts allowed - Net

Debit - discounts allowed a/c

Discounts allowed - VAT

Debit - VAT a/c

Discounts allowed - Gross

Credit - Receivables ledger control a/c