1) How did Esther save her allowance to get her M gloves? Why did Esther's Mama not get a new pair of gloves? Why was math so important to Esther? How did the family decorate the Christmas tree? Why would Mama be up late at night? What did Mr. Nickolas hand Mama? What was the secret on Christmas Eve?
Answers
Carraige on Purchases 700 Commission 400 Cash in hand 2,300 Rent and taxes 1,800 Capital 62,000 Creditors 10,800 1,64,000 1,64,000 Adjustments: i. Closing stock was valued at Rs. 16,000. il. Wages Rs. 2,000 and salaries Rs. 1,200 are outstanding. lii. Rent for two months at the rate of Rs. 500 per month is outstanding. iv. Depreciate buildings by 5% and machinery by 10%. V. Prepaid insurance Rs. 200. Carraige on Purchases 700 Commission 400 Cash in hand 2,300 Rent and taxes 1,800 Capital 62,000 Creditors 10,800 1,64,000 1,64,000 Adjustments: i. Closing stock was valued at Rs. 16,000. il. Wages Rs. 2,000 and salaries Rs. 1,200 are outstanding. lii. Rent for two months at the rate of Rs. 500 per month is outstanding. iv. Depreciate buildings by 5% and machinery by 10%. V. Prepaid insurance Rs. 200.