B.—l [Pt. IV].

NATIONAL ENDOWMENT TRUST ACCOUNT. Revenue Account for the Year ended 31st March. 1926 Dr. £ s. d. Cr. £ s. d. To Balance to accumulated fund .. .. .. 206 5 1 By Interest on sales of land .. . . 206 5 1 £206 5 I £206 5 ] Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assetu. £ s. d. Accumulated funds .. .. .. .. 53,448 1 4 Unpaid purchase-price of land (not yet payable).. 33,066 610 Sundry creditors —Miscellaneous .. .. 54 0 0 Sundry debtors — Principal instalments on deferred payment .. 147 11 !) Interest on sales of land .. .. .. 75 14 2 Miscellaneous .. .. .. .. 6 11 £ s. d. Cash in Public Account .. 516 7 6 Investment Account .. .. 19,690 0 0 20,206 7 6 £53,502, 1 4 £53,502 1 4 J. B. Thompson, Under-Secretary for Lands. 10th November, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue 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 except that the accounts have been compiled from unaudited copies of journal entries of the District Land Boards, North Auckland, Auckland, Poverty Bay, Taranaki, Wellington, Marlborough, Nelson, Canterbury, and Otago. —G. C. F. Campbell, Controller and Auditor-General.

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