Accounting of Medicines received as Samples and Research

This query is : Resolved 

17 January 2008 Dear Sir,

Please kindly tell me the procedure of Accounting of Medicines received as Samples and Research in the Hospital which is run by a Trust Free of cost.



With warm regards



Sunil


19 January 2008 sir,
you may select any suitable heads of account-generally the entry will be
Medicines Account Dr 11111
To Donations Received A/c 11111


21 January 2008 Dear Sir, what amount shall i book for such medicines as there is no price coated in the box of medicines given in donations.



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