B.—l FPt. IV

J. M. Park, Acting Commissioner of Taxes. I 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, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV],— J. H. Fowler, Controller and Auditor-General.

LAND AND INCOME TAX DEPARTMENT— continued. Balance-sheet as at 31st March, 1937.

133

I ftuhrHvisirtn tt • i Subdivision I: j [ Hnh.«vtainn Tr - i Subdivision I: LIABILITIES. | UnemptoymeSt Tax. [ L ™d andlncome Total. , ASSETS. Unempl™ment Tax. J Total. i £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Capital .. .. .. .. 3,211 6 6 2,530 0 9 5,741 7 3 Furniture and fittings .. .. 2,113 15 1 1,593 19 0 3,707 14 1 Sundry creditors —Departmental .. 244 0 5 17,485 7 2 17.729 7 7 Appliances .. .. .. 357 4 6 786 9 10 1,143 14 4 Sundry creditors— Other .. .. 229 8 2 5 3* 90,160 13 5 Library .. .. ... .. 149 11 11 149 11 11 Suspense Account: Default assessments .. 150,000 0 0 150,000 0 0 Motor-vehicles .. .. .. 740 6 11 ! .. 740 6 11 Losses in Suspense .. .. .. 65 11 10 .. 65 11 10 Forms -and stationery .. .. 234 13 9 1,254 15 3 1,489 9 0 Treasury Adjustment Account .. 55,874 4 5 .. 55,874 4 5 Official stamps .. .. .. .. 0 13 8 0 13 8 Excess of revenue over expenditure .. .. 7,784,246 12 10 7,784,246 12 10 Sundry debtors —Departmental .. .. 3,527 15 10 3,527 15 10 Sundry debtors —Other .. . . 3 6 0 484,590 4 5 484,593 10 5 Cash in Post Office ,. .. .. .. 83,134 13 0 83,134 13 0 iVssets in Suspense .. .. . . 65 11 10 .. 65 11 10 Treasury Adjustment Account . . .. 7,469.155 3 1 7,469,155 3 1 Excess of expenditure over revenue .. 56,109 13 3 .. 56,109 13 3 59,624 11 4 8,044,193 6 0 8,103,817 17 4 59,624 11 4 8,044,193 6 0 8,103,817 17 4 * Includes overpayments subject to adjustment and tax paid in advance.