B.—l [Pt. TV, $vv. B],

65

NEW ZEALAND GOVERNMENT WHEAT CONTROL OFFlCE— continued. PURCHASE OF WHEAT- continued. Profit and Loss Account, Ist February to 31st March, 1924. £ s. d. £ s. d. To Salaries and working-expenses .. .. 200 4 0 By Balance to Appropriation Account .. .. 209 14 8 Adjustments, 1922 surplus milling-wheat .. 8 10 2 £209 14 8 £209 14 8 Appropriation Account. £ s. d. £ s. d. To Balance, Profit and Loss Account .. .. 209 14 8 Bv Balance, 1 February, 1924 .. '.. 162,065 15 3 Balance .. .. .. .. 161,850 0 7 £162,065 15 3 £162,065 15 3 Balance-sheet as at 31st March, 1924. Liabilities. £ s. d. Assets. £ s. d. Profits .. .. .. .. .. 161,856 0 7 Sundry debtors .. .. .. .. 528 16 8 Treasury (Wheat) Account .. .. .. 160,910 9 5 Office furniture .. .. .. .. 416 14 6 £101.850 0 7 £101,850 0 7 D. Colquhoun, Accountant. I hereby certify that the balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— G. F. C. Campbell, Controller and Auditor-General. Note. —The profits have been applied towards meeting the cost to the Consolidated Fund on account of flour subsidies.—l). Colquhoun, Accountant. AUSTRALIAN WHEAT. Interim Trading Account, Australian Wheat, for the Year ended 31st March, 1924. £ s. d. £ s. d. To Australian Wheat Purchases Account .. 43,059 10 1 By Australian Wheat Sales Account .. .. 12,299 15 5 Sampling .. .. .. .. 14 11 6 Stock on hand .. .. .. .. 33,906 011 Buying commission .. .. .. 10 19 7 Insurance .. .. .. .. 35 3 7 Sea freight .. .. .. .. 1,353 19 10 Balance (gross profit), transferred to Prolit and Loss Account .. .. .. .. 1,131 11 9 £46,206 2 4 £46,206 2 4 Interim Profit and Loss Account, Australian Wheat, for the Year ended 31st March, 1924. £ s. d. | £ s. d. To Salaries . . .. .. .. .. 50 10 8 By Balance (gross profit), transferred from Trading Office expenses .. .. .. .. 24 11 8 "Account .. .. .. .. 1,131 11 9 General expenses .. .. .. .. 830 18 Travelling expenses and allowances .. .. 46 18 10 Wharfage. . .. .. .. .. 87 4 8 Storage .. .. .. .. .. 10 0 Balance (net profit) .. . . .. 90 18 3 £1,131 11 9 £1,131 11 9 [nterim Balance-sheet, Australian Wheat, as at 31st March, 1924. Liabilities. £ s. d. I Assets. £ s. d. Sundry creditors (Australian) . . .. .. 38,319 9 2 I Treasury Adjustment Account .. .. 4,505 610 Sundry creditors (New Zealand) .. .. 10 4 Stock on h-ind .. .. .. .. 38,906 611 Profit and Loss Account .. .. .. 90 18 3 £38,411 13 9 £38,411 13 9 D. Colquhoun, Accountant. 1 hereby certify that the balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted tot audit, and correctly state the position as disclosed thereby.— G. F. C. Campbell, Controller and Auditor-General,

9 —B. 1 [Pt. IV, Sup. B].