B.—l IPT. I

PUBLIC ACCOUNTS, 1927-1928.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1928, compared with the Year ended 31st March, 1927—continued.

70

1926-1927. RECEIPTS. 1927-1928 £ s. d. Balance at beginning of Year, — £ 8. d. £ s. d. Cash in the Public Account .. .. .. .. .. .. Dr. 1,100,000 0 0 Balance at end of Year, — Dr. 1,100,000 0 0 Cash in the Public Account .. .. .. .. .. .. .. Dr. 2,275,000 0 0 £1,100,000 0 0 Totals .. .. .. .. .. .. .. £3,375,000 0 0 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 74.