Question

What will me journal entry for returned goods to karunesh

Answer 1

journal entry

Karunesh A/c. Dr.
To purchases return A/c.
(being returned goods to Karunesh)

reasons for debit and credit

returned goods means the Purchase goods are returned to Karunesh which is purchase return as per the accounting term

As goods goes out of the business therefore it is credited

Karunesh is the receiver of the goods therefore it is debited.