Answer / nurulla

for debit memo
supplier A/c Dr
To purchase returns A/c
thier is a number of causese for arrisisng debit memo
1) purchase returns
2) rate diffrence aggried price to invoice price
3) goods short recevied
for credit memo
sales returns A/c Dr
To customer A/c

Answer / kailashshakya

Debit memo is purchase return
&
Credit memo is sales return

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