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NEW ZEALAND GOVERNMENT WHEAT CONTROL. STATEMENT OE ACCOUNTS OE AUSTRALIAN WHEAT IMPORTATIONS, 1924-25. Trading Account for the Year ended 31st March, 1925. Dr. Or. £ s. d. To Stock on hand, brought forward from last £ s. d. By Sales .. .. .. .. 1,153,720 3 6 year .. .. .. .. 33,906 6 11 Purchases, buying commission, insurance, sampling, sea freight, and exchange .. 1,108,439 311 Balance,, gross profit, transferred to Profit . and Loss Account .. .. .. 11,374 12 8 £1,153,720 3 6 £1,153,720 3 6 Profit and Loss Account for the Year ended 31st March, 1925. Dr. £ s. d. Cr. To General expenses, salaries, storage, travelling- By Balance, gross profit, transferred from Trading £ s. d. expenses, wharfage, rent, railage, and Account .. .. .. .. 11,374 12 8 interest .. .. .. .. 12,016 711 Balance brought forward from last year .. 90 18 3 Balance, net loss .. .. .. .. 550 17 0 £12,016 7 11 £12,016 7 11 Balance-sheet as at 31st March, 1925. Liabilities. £ s. d. Assets. £ s. d. Treasury Adjustment Account .. .. .. 961 13 10 Sundry debtors .. .. .. .. 410 16 10 Profit and Loss Account .. .. .. 550 17 0 £961 13 10 £961 13 10 J. W. Collins, Wheat Controller. 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.
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