B—l [Pt. IV]

LAND FOR SETTLEMENTS ACCOUNT— continued, HUTT VALLEY LAND SETTLEMENT ACCOUNT (Subsidiary to Land for Settlements Account) PiROTiT AND LOSS ACCOUNT FOR THE YEAR ENDED 31sT MARCH 1948 Dr. Administration expenses .. QO ' ~ , Gr - , £ Rent Written off " " " " I interest on sales .. .. .. , Rebates .. " ;; ;; ;; ; • •• g I *** :: ill Interest remitted .... '' ° Balance (profit for year), transferred to Profit and Loss Appropriation Account . , . . , _ _ •> 544 j 12'672l 2 ' 672 | £2,672 T ' 40/436 ° f I>sth M " Ch ' ,M# - 1,0 h » s b »» #» rent charged in advance of, or Profit and Loss Appropriation Account for the Year Ended 31st March 1948 Dr. £ r ' BaW carried forward: Profit earned to 31st March, 1948 .. 233,591 Balance brought forward 9 * 7 Profit for year transferred .. ' ' £233, 59! £233,591

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