Individual donated a kidney for an Hospital
In the books of the Hospital
Pass Journal Entries
NUKUL GARG
(Senior Associate Consultant)
(1231 Points)
Replied 26 July 2010
journal entry business ke point of view se hoti h
individual ke personal point of view se nh,aur kidney donate karna uska business nh ho sokta
CA Seema Kochar
(CHARTERED ACCOUNTANT)
(636 Points)
Replied 26 July 2010
Only those transaction are recorded in books of account which can be measured in monetary terms.
Value of kidney cannot be measured .................
chandra Shekar M R
(Accounts Executive)
(21 Points)
Replied 27 July 2010
Journal Entry is a Preliminary Record of day to day Business Transactions, Which is to give effect to two different Accounts involved in Business Transactions.
Sagar Sharma
(CA Final Fianance Executive)
(111 Points)
Replied 27 July 2010
I Cant say whats the entry................. but for sure there must be some entry because hospital need to keep record of kidney n it will at later period will sale tht entry what at that time if no entry made now?
I need to think on this...................
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8310 Points)
Replied 27 July 2010
| Originally posted by : Seema Kochar | ||
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Only those transaction are recorded in books of account which can be measured in monetary terms. Value of kidney cannot be measured ................. |
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kamlesh purviya
(Student)
(29 Points)
Replied 27 July 2010
" Only those transaction are recorded in books of account which can be measured in monetary terms.
Value of kidney cannot be measured ................."
G!rdhar! Jang!d
(Tax Consultants )
(680 Points)
Replied 27 July 2010
Samir
(Chief Accountant)
(80 Points)
Replied 27 July 2010
I Think no question arises further.
CA Samir Shaikh
| Originally posted by : girdhari jangid | ||
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RADHIKA JALAN
(agarwal)
(1521 Points)
Replied 27 July 2010
i dont think any entry vil be passed........
| Originally posted by : RADHIKA JALAN | ||
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i dont think any entry vil be passed........ |
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Think na...
CA Dauzi Pathan Imran Khan
(Chartered Accountant in Practise)
(1678 Points)
Replied 27 July 2010
Very Good Question Mr.Kannan...
From where and How you got this doubt?
Very Funny...
Deepak Kumar Gupta
(Finance & Accounts Consultant)
(86 Points)
Replied 27 July 2010
Life A/c Debit
To Hospial/Dr Bank A/c Credit
Mandar Deshmukh
(Article Assistant)
(78 Points)
Replied 27 July 2010
Hey, Its an Illegal Transaction, So I dont Think anyone will record such transactions in the Books of Accounts.
& If its not, then Hospital will record on Net Realisable Value of the Kidney!!!!
By Kidney in Hand A/c Dr.
To Donor A/c Cr.
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