B—l CPt. IV]

ARAWA DISTRICT TRUST BOARD— continued MAKETU FARM— continued Balance-sheet as at 31st March, 1948 (As incorporated in Arawa District Trust Board books for period ended 31s.t March, 1948) n 'j- i a Liabilities £ Capital Account, Arawa District Trust Board ai m a . ,i j , Assets £ £ Sundry creditors ... " " 4 J'}™ Land-development .. .. * 1,186 Buildings ..... Aqk ' Less depreciation . . ]] " 'jgg Replacement of sheds : Dairy .. I'ocn Implements and equipment '. '' " i 4?q ' Less depreciation ..'' '' ' , Q ~ 100 Office car and garage .. ~ 777 Less depreciation .. .' '' '' 60 Tauranga Power Board : Deposit . . | Dairy company shares . . . " " " ZfSundry debtors .. . . '' ' ' ' ' ' ' 17 Appropriation Account .. " " « , 1(i ' Less profit for year .. .. '' " l' 321 Cash at bank, 31st March, 1948 .. o koq 3 ' 825 Less outstanding cheques ..[[ ' ' 753 Stock on hand .. .. _ __ £42,362 I £42,362 A. Mclntyre, A.R.A.N.Z., Advisory Accountant to Board. J. Z. N. Mitchell, Chairman, Arawa District Trust Board.

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