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STATEMENT OF ACCOUNTS FOR YEAR ENDED 31st MARCH, 1924, Kauri-gum Industry Account. Receipts and Payments. Receipts. £ s. d. Payments. £ s. dCash in hand, Ist April, 1923 .. .. 2,088 11 1 Wages to workmen and gum-buyers .. 2,656 511 Sales of kauri-gum .. .. .. 22,091 12 10 Plant, machinery, stores, &c. .. .. 636 17 3 Miscellaneous receipts and proceeds from Purchases of gum .. .. .. 6,56903 consignments .. .. .. 885 10 2 Freights, &c. .. .. .. 3,361 8 7 General and office expenses, administration, &c. .. .. .. .. 1,402 8 7 Interest on loan debentures and sinking fund .. .. .. .. 3,411 12 11 Cash in hand at Treasury, 31st March, 1924 .. .. .. .. 0,908 0 7 £25,065 14 1 £25,065 14 1 Trading Account. £ s. d. I £ s. d. To Gum on hand, Ist April, 1923 .. 60,753 9 9 By Gum on hand, 31st March, 1924 .. 53,603 14 10 Purchases of gum .. .. 6,344 410 Sales of gum .. .. .. 22,091 12 10 Wages .. .. .. .. 2,509 10 11 Freights inward . . .. .. 788 10 7 Balance, being gross profit, to Profit and Loss Account .. .. 5,359 11 7 £75,755 7 8 £75,755 7 8 Profit and Loss Account. ' £ s. d. £ s. d. To Freights outward .. .. .. 1,919 7 6 By Trading Account .. .. .. 5,359 11 7 General expenses .. .. .. 134 1 11 Profit from sale of plant, stores, cornCables, &c. ... .. .. 68 6 9 mission, &c. .. .. 487 14 5 Sacks, gum-cases, and consumable stores .. .. .. .. 590 6 0 Fire insurance .. .. .. 205 0 10 Printing and stationery .. .. 39 18 4 Depreciation .. .. .. 61 12 0 Rent .. .. .. .. 300 0 0 Salaries .. . . .. .. 534 0 0 Balance carried down .. .. 1,98808 £5,847 6 0 £5,847 6 0 £ s. el. £ s. d. To Balance on Ist April, 1923 .. .. 5,176 19 11 By Balance brought down .. .. 1,988 0 8 Interest on debentures .. .. 3,287 5 0 Balance as per balance-sheet .. 0,475 18 3 £8,464 4 11 £8,464 4 11 Balance-sheet. Liabilities. Assets. £ s. d. Loan Account —Debentures £ s. d. £ s. d. Land at face-works and elsewhere, with issued under Kauri-gum buildings, fences, and improvements .. 5,100 2 0 Industry Act, 1914 .. 75,000 0 0 Vacuum-tank, fittings and plant, and Less sinking fund in hands royalties, short-workings .. .. 2,900 610 of Treasury .. .. 484 011 Plant and store fittings .. .. 250 6 8 74,515 19 1 Live and dead stock .. .. .. 47 9 3 Crown Land Account .. . . .. 500 0 0 Furniture and office fittings .. .. 1)9 4 5 Sundry creditors, for supplies .. .. 85 8 9 Sacks, gum-eases, and consumable stores 275 2 0 Sundry creditors, for gum purchases .. 275 5 3 Charges paid in advance .. .. 92 4 8 Interest on debentures.-. .. .. 1,354 17 3 Gum on hand .. .. .. 53,063 14 10 Gum on consignment .. .. 782 17 2 Sundry debtors .. .. .. 64 2 8 Cash on hand .. .. .. 6,968 0 7 Profit and Loss Account .. ~ 6,475 18 3 £76,731 10 4 £76,731 10 4 H. J. Lowe, Kauri-gum Superintendent. 1 hereby ce:rtify that the, balance-sheet and supporting statements have beem duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as thereby disclosed ; also that the value of the stocks on hand has been accepted on the certificate of the: Kauri-gum Superintendent. —G. F. C. Campbell, Controller and Auditor-General.

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