B.—l [PT. IV, SUP.].

LANDS AND SURVEY DEPARTMENT—continued. MOUMAHAKI ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1928. Receipts. £ s. d. Payments. £ s. dTo Balance of cash in Deposits Account at Ist By Administration expenses .. .. .. 15 0 4 April, 1927— Expenditure in connection with agricultural Revenue .. .. .. 1,810 11 5 instruction under section 130 (3), Reserves, Capital .. .. 733 1 4 &c., Act, 1924 .. .. .. .. 1,104 13 11 — ——-—- 2,543 12 9 Balance —Cash in Deposit Account Rents .. .. .. .. .. 1,488 0 9 at 31st March, 1928—■ £ s. d. Revenue .. .. .. 2,178 17 11 Capital .. .. .. 733 1 4 2,911 19 3 £4,031 13 6 £4,031 13 6 Revenue Account for the Year ended 31st March, 1928. Dr. £ s. d. Cr. £ s. d. To Administration expenses (section 4, Land Laws By Balance brought forward .. .. .. 2,395 9 0 Amendment Act, 1927) .. .. .. 74 8 0 Accrued rent, &c. .. .. .. 1,614 14 1 Expenditure in connection with agricultural instruction under section 130 (3), Reserves, &c., Act. 1924 .. .. .. .. 1,208 13 11 Balance carried forward .. .. .. 2,727 1 2 £4,010 3 1 £4,010 3 1 Balance-sheet as at 31st March, 1928. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 36,247 14 8 Land—Capital value of leases .. .. 33,780 0 0 Sundry creditors (miscellaneous) .. .. 163 7 8 Sundry debtors—Sales of buildings (not yet payable) 1,645 15 5 Rents charged in advance .. .. .. 327 16 8 Sundry debtors for principal instalments on Revenue account surplus .. .. .. 2,727 1 2 buildings .. .. .. .. 88 17 11 Sundry debtors for rents .. .. .. 1,039 7 7 Cash in Treasury Deposit Account, 31st March, 1928 £ s. d. | Revenue .. .. ..2,178 17 11 Capital .. .. .. 733 1 4 2,911 19 3 £39,466 0 2 £39,466 0 2 ■ ! J. B. Thompson, Under-Secretary for Lands. 19th May, 1928. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, 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. The following comment is appended : A full year's administration charge is included in the Revenue Account, whereas the Act authorized the charge from the 11th November, 1927, only. I understand, however, that legislation will be promoted to place the matter in order.—G. F. C. Campbell, Controller and AuditorGeneral. NEW ZEALAND UNIVERSITY ENDOWMENT (WESTLAND) ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1928. Receipts. , Payments. To Balance, Ist April, 1927— £ s. d. £ s. d. ! By Balance— • £ s. d. Cash in Treasury Deposit Account 186 3 5 Cash in Treasury Deposit Account .. 274 13 5 Cash on investment .. 1,900 0 0 Cash on investment .. .. 1,900 0 0 2,086 3 5 Rents .. , .. .. .. 300 Interest on investments .. .. .. 85 10 0 £2,174 13 5 ; £2,174 13 ~5 i — | Revenue Account for the Year ended 31st March, 1928. Dr. £ s. d. ' Cr. £ s. d. To Administration expenses .. .. .. 0 3 0 By Accrued rents .. .. .. .. 510 0 Balance transferred to Capital Account .. .. 91 0 11 I Interest accrued on investments .. .. 85 13 11 £91 3 11 £91 3 11 Balance-sheet as at 31st March, 1928. Liabilities. £ s. d. £ s. d. I Assets. £ s. d. Capital, Ist April, 1927 .. .. 2,218 6 6 I Land .. .. .. .. .. 110 0 0 Add surplus for year .. 91 Oil | Interest on investments (accrued but not paid) .. 24 19 6 2,309 7 5 Sundry debtors for rent .. .. ~ 210 0 Rents charged in advance .. .. .. 212 6 Cash — £ s. d. Sundry creditors .. .. .. .. 030 Treasury Deposit Account .. 274 13 5 | On investment .. .. 1, 900 0 0 2,174 13 5 £2,312 2 11 , £2,312 2 11 I , i J. B. Thompson, Under-Secretary for Lands. 23rd May, 1928. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, 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.—G. F. C. Campbell, Controller and Auditor-General.

58