B.—l [Pt. IV, Sup. B].

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MAIN HIGHWAYS ACCOUNT.—REVENUE FUND. Income and Expenditure Account from Ist January, 1922, to 31st March, 1924. Expenditure. £ s. d. £ s. d. . Income. £ s. d. To Cost of preliminary investi- By Receipts from tire-tax under sections gations and administration 13 and 14 of the Main Highways of the fund— Act, 1922 .. .. .. 249,907 3 3 Fees and travelling-expenses Interest on investments .. .. 8,335 18 9 of members of the Board 525 11 11 Salaries of Government officers .. .. .. 768 12 7 Travelling-expenses of Government officers .. 147 19 4 Printing, postages, and miscellaneous expenses .. 9 3 10 1,451 7 8 Balance .. .. .. 256,791 14 4 £258,243 2 0 £258,243 2 0 Balance-sheet as at 31st March, 1924. Liabilities. £ s. d. Assets. Excess income over expenditure .. 256,791 14 4 Cash in Treasury— £ s. d. £ s. d. Sundry creditors .. .. .. 420 12 11 At call .. .. 12,081 7 3 Temporarily invested until required .. 237,000 0 0 249,081 7 3 Tire-tax receipts collected but not transferred to Main Highways Account at 31st March, 1924 .. .. .. 5,247 3 7 Interest accrued on investments at 31st March, 1924 .. .. .. 2,214 18 8 Value of furniture at cost .. .. 08 17 9 £257,212 7 3 £257,212 7 3 J. J. Gibson, Accountant, Public Works Department. P. S. Waldie, for Chairman, Main Highways Board. 1 hereby certify that the Income and Expenditure Account and balance-sheet 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 Audi tor-General. NATIONAL ENDOWMENT TRUST ACCOUNT. Statement of Receipts and Payments for the Year ended 31st March, 1924. Receipts. £ s. d. Payments. £ s. d, To Balance in Public Account at Ist By Miscellaneous sundry creditors .. 18 13 April, 1.923 .. .. .. 1,399 15 6 Balance at 31st March, Receipts from sales of land .. 8,025 2 6 1924— £ s. d. Cash in Public Account .. .. 3,000 16 9 Investment Account 7,000 0 0 10,006 16 9 £10,024 18 0 £10,024 18 0 Interest on Sales (under Section 11, Land Laws Amendment Act, 1920) Account. £ s. d. £ s. d. To Balance to accumulated funds .. 419 17 6 By Interest on sales .. .. .. 419 17 0 £419 17 0 £419 17 6 Balance-sheet as at 31st March, 1924. Liabilities. £ s. d. Assets, £ s. d. Accumulated funds .. .. .. 19,633 17 5 ' Unpaid purchase-money (not yet payable) 9,619 18 0 Sundry creditors — ! Sundry debtors for deferred payments Interest paid in advance .. .. 26 16 9 instalment (section 11, sales) .. 9 8 7 Miscellaneous .. .. • • 110 4 Miscellaneous sundry debtors .. .. 20 0 8 Investment Account .. .. .. 7,000 0 0 Cash in Public Account .. .. 3,000 10 9 £19,662 4 6 £19,662 4 6 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Chief Accountant. I hereby certify that the Interest Account, Statement of Receipts and Payments, and balancesheet have been duly examined and compared with the copies of journal entries of the District Land Boards submitted for audit, and correctly state the position as disclosed thereby. The Interest Account includes interest due for the period Ist January, 1923, to 31st December, 1923. —G. F. C. Campbell, Controller and Auditor-General.