NEWAPAPER'S LOSSES
The balance-sheet of the Grey River Argus Company for the year ending October, 31, 1934,'; has been issued, and was considered at the annual meeting of shareholders held last Saturday. Liabilities include, capital, .£7250; sundry creditors, £311 13s 7d; Grey Labour Paper Board, £6884 11s.lid; Runanga Co-operative Society, £500; Bank of New Zealand (mortgage account), £1000; Bank of New ZeaInad (ordinary account), £118 17s 2d; wages accrued, £130,559 d; total, £16,195 8s 5d..V .; j "' . Assets, less depreciation, are as follows^—Land and buildings, £1225 8s 6d; plant and goodwill, £5265 7s sd; furniture, etc.,: £133 12s 8d; stock, £478 Is lOd; sundry debtors, £3499 8s 7d; .insurance paid in advance, £35 6s _10d; petty cash, £10; balance, appropriation account, £5548 2s 7d.: Total, £16,195 8s sd. ; The profit "and loss account showed a loss for the year of £420 18s 4d. The appropriation account was as follows :— To balance "at October 31, 1933, £5127:4s 3d; loss from profit and loss account, £420 185.4 d; total, £5548 2s 7d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19350212.2.127.24
Bibliographic details
Evening Post, Issue 36, 12 February 1935, Page 12
Word Count
169NEWAPAPER'S LOSSES Evening Post, Issue 36, 12 February 1935, Page 12
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