B—l [Pt. IV]

Revenue Account for the Year Ended 31st March, 1947 Dr. £ Or. £ Departmental charge overcharged on expenditure on land- Amount transferred from Interest Account .. .. .. 11,339 development for 1944 and 1945 .. .. .... .. 229 Stores on-cost, profit, dividends, recoveries, and insurance Amount transferred to Net Revenue Account .. .. 49,477 rebates .. .. .. .. .. .. 3,209 Departmental charges on amounts— £ Expended on land-development .. .. .. 15,572 Short-charged, 1943 and 1946 .. .. .. 56 15,628 Advanced to settlers .. .. - .. 19,530 35,158 £49,706 £49,706 Net Revenue Account for the Year Ended 31st March, 1947 Dr. Gr. £ Amounts written off— £ £ Balance, Ist April, 1946 .. .. .. .. .. 294,826 Expenditure on land under development .. .. 1,158 Amount transferred from Revenue Account .. .. .. 49,477 Advances to settlers .. .. .. .. 2,218 3,376 Balance, 31st March, 1947 .. .. .. ~ .. 340,927 £344,303 £344,303

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