B.—l [PT. IV, SUP.}.

DEPARTMENT OF INDUSTRIES AND COMMERCE—continued. Canadian National Exhibition Income and Expenditure Account. Expenditure. £ s. d. Income. £ s. d To Construction Account .. .. .. 1,522 16 7 By Sale material .. .. .. .. 103 1 2 Furnishings and decorations .. .. 1,095 12 4 Refund freights .. .. .. .. 57 510 Advertising .. .. .. .. 217 14 1 Balance carried down .. .. .. 5,914 15 11 Office and general expenses .. .. ~ 82 0 9 Salaries and wages.. .. . . .. 806 11 6 Entertainment expenses .. .. .. 34 ! 1 Postages and telegrams .. .. .. 34 8 3 Travelling expenses and allowances .. .. 1,01411 3 Packing, freights, and cartage .. .. 1,006 17 2 Exchange and stamp duty .. .. .. 87 17 9 Presentations .. .. .. .. 86 7 3 Insurance .. .. .. ~ 86 4 11 £6,075 2 II £6,075 2 11 Balance-sheet as at 31st March, 1927. lAabilities. j ' Assets. £ s. d. Office furniture and fittings— £ s. d. £ s. d. Capital Account .. .. .. .. 2,133 17 0 Wellington .. .. 815 1 I Depreciation Reserve .. .. .. 937 19 7 Christchurch .. .. .. 313 7 4 Sundry creditors .. .. .. .. 614 11 8 Auckland .. .. .. 185 9 3 Treasury Adjustment Account .. .. 69,906 8 2 Dunedin .. .. .. .. 70 11 1 Melbourne .. .. 55 4 0 1,439 12 9 Mechanical appliances— Wellington .. .. .. 404 4 0 Christchurch .. .. .. 163 17 10 Auckland .. .. .. 98 6 0 Dunedin .. .. .. 50 12 0 716 19 10 Head Office library .. .. .. .. 137 15 0 Half-share refrigerating plant, London .. .. 270 13 8 Exhibition stores .. .. .. .. 675 10 0 Official stamps on hand .. .. .. 29 4 9 Expenditure in advance .. .. .. 6 16 3 Sundry debtors .. .. .. .. 196 1 7 Suspense Account .. .. ~ .. 24 12 7 Excess of expenditure over income— Departmental .. .. .. .. 31,859 18 4 New Zealand and South Seas Exhibition, Dunedin .. .. .. .. 32,320 15 9 Canadian National Exhibition, Toronto .. 5,914 15 11 £73,592 16 5 £73,592 16 5 J. W. Collins, Secretary, Department of Industries and Commerce. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duiy examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

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