I CANT UNDERSTAND THIS-PLZ HELP

Kumar Gaurav (Going...to be C.A soon...)   (1624 Points)

08 April 2009  

 DEAR ALL,

THE REPLACING COST OF A TUBE LIGHT WOULD BE CAPITAL OR REVENUE EXP???

THE REPLACING COST OF 15 TUBE LIGHTS WOULD BE CAPITAL OR REVENUE EXP??

DIFF. BETWEEN BOTH OF THEM??

IF WE HAVE RECEIVED FAKE NOTES THEN HOW TO TREAT THIS IN ACCOUNTS???

HOW TO TREAT CASH EMBAZZLEMENT/THEFT IN BOOKS OF ACCOUNTS??

PLZ RESOLVE THE QUERIES!

THANKS