Our nursing home has granted to treat BPL Card holders & money will be given by the Government Agency to my Bank Account for the A/Y:- 11-12. Lots of patient were treated & money is also granted in bulk as 100000, 200000 etc. How I make entry in my accounts. For example Subham,Saurabh & Alisha came to us for treatment & we treated him & charged 6000,5000,2000 from the Government Agency. How I enter them in my accounts but I got money as 50000 for other patients too. How I bifurcate it & make entry in my book of accounts. Will be waiting for your answer. Thanks in advance.
Guest
Guest
(Expert)
19 September 2012
Account it as normal sales or service charges. Mention necessary details in narration.
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