B—l [Pt. IV]

ARAWA DISTRICT TRUST BOARD— continued MAKETU FARM— continued Balance-sheet as at 31st March, 1949 Liabilities £ Assets ' £ Control Account .. .. .. .. .. .. 41,176 Land-development .. .. .. .. .. 21,000 Sundry creditors .. .. .. .. .. .. 301 £ Buildings .. .. .. .. .. 3,225 Less depreciation .. .. .. .. 161 3,064 Implements and equipment.. .. . . .. 1,294 Additions to plant .. .. .. .. 1,373 2,667 Less depreciation .. .. .. .. 317 2,350 New shed and replacement . . .. .. 1,292 Additions to sheds .. . . .. .. 54 ! 1,346 Depreciation by revaluation .. .. .. 269 1,077 Dairy company shares .. . . .. .. .. 77 Tauranga Power Board deposit . . .. .. .. 21 Sundry debtors .. .. . . .. . . .. 352 Water-supply .. .. .. .. .. . ■ 133 Appropriation Account .. .. .. .. .. 2,691 Cash at bank, 31st March, 1949 .. .. .. .. 2,719 Stock on hand .. .. .. .. . . 7,993 £41,477 £41,477 A. Mclntyre, A.R.A.N.Z., Advisory Accountant to Board. J. Z. N. Mitchell, Chairman, Arawa District Trust Board.

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