Summary debtrors and creditors journals with discounts

Debtors
expect discount.
Sale:
Debtors (SFP) - full amount
Sales (P/L) - x x 100/ 115 X discount %
VAT payable ( P/L) - 15%
allowance for settlement discount (SFP) -%
send back damaged Stock:
Sales (P/L) - x x 100/ 115 x discount
VAT (P/L) - 15%
allowance for settlement discount (SFP) -%
Debtors (SFP) - full amount sent back
Pay in time- get discount
Bank (SFP) - amount received- x x%
VAT- I5%
allowance for settlement discount (SFP) -%
Debtors (SFP) - full amount Still owed
Day back late-don't get discount
Bank (SFP) - amount received
Debtors (SFP) - full amount Still owed
allowance for settlement discount (SFP) -%
Sales

, creditors
expect discount.
buy:
Purchases(P/L) - x x 100/ 115 X discount %
VAT receiveable ( P/L) - 15%
allowance for settlement discount (SFP) -%
creditors (SFP) - full amount
send back damaged Stock:
creditors(SFP) - full amount sent back
purchases (P/L) - x x 100/ 115 x discount
VAT (P/L) - 15%
allowance for settlement discount (SFP) -%
Pay in time- get discount

creditors (SFP) - full amount Still owed
Bank (SFP) - amount paid- x x%
VAT- I5%
allowance for settlement discount (SFP) -%
pay back late-don't get discount
creditors (SFP) - full amount Still owed
Bank (SFP) - amount paid
Purchases
allowance for settlement discount (SFP) -%