B—l [Pt. IY]

MAKETU FARM Profit and Loss Account for the Period Ended 31st March, 1947 Dr. £ Or. £ Losses on horses .. .. .. .. .. .. 55 Profit on cattle .. .. .. .. . . . . 492 Loss on dairy cattle .. . . .. .. .. 251 Profit on sheep .. .. .. .. . , .. 1,183 Calves Adjustment Account .. .. .. .. .. 238 Profit on pigs .. .. .. .. . . , . 212 Interest .. .. .. .. •• •• •• 2,078 Dairy company shares: Interest .. .. .. .. 4 Depreciation .. .. .. .. .. .. 434 Butterfat receipts .. .. .. .. .. .. 3,823 Maintenance costs on farm .. .. .. .. .. 4,019 Wool receipts .. .. .. .. .. .. 918 Sundry receipts .. .. .. .. .. .. 12 Loss for year .. .. .. .. .. .. 431 £7,075 £7,075 Appropriation Account £ £ Balance, Ist April, 1946 .. .. .. .. .. 4,706 Balance, 31st March, 1947 .. .. .. .. ..5,146 Loss for year .. .. . . .. .. . • 431 Adjustments .. .. .. .. .. • • 9 £5,146 £5,146

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