B—l [Pt. IV]

Poukawa, Drainage Area . > .. 1,218 Interest Account : Amount chargeable to area 6,101 capitalized to 31st March, 1940 .. .. 3,429 Plant Working Account .. , . , . . . ~ 126 7, 784 Sundry creditors .. . . . . . . . . 63 Unpaid purchase-money on land sold on deferred Payments in advance: Rates . . . . . . 718 payment .. .. .. .. .. .. 670 Building Suspense .. .. . . . . . . 106 Buildings .. .. .. .. .. . . 997 Drainage Works Suspense . . . . .. 672 Buildings: Loading . . . . . . .. .. 106 Writings-off in Suspense .. .. .. .. .. 4,193 Plant and machinery .. .. .. .. 3,469 Treasury Adjustment Account .. .. .. .. 374,731 Loose tools .. .. .. .. .. .. 56 Stores on hand .. .. .. .. .. .. 892 Motor-vehicles .. .. .. .. .. .. 50 Sundry debtors for rates : Capital. Maintenance. Total. Drainage Area. £ £ £ Kaitaia .. .. .. 4,300 2,185 6,485 Waihi .. .. .. .. 2,347 1,827 4,174 Poukawa .. .. .. .. 3,522 891 4,413 Sundry debtors:— Rent under section 4 (2), Swamp Land Drainage Amendment Act, 1926 .. .. .. 73 Law-costs .. .. .. .. .. 97 Departmental .. . . .. .. .. 1 171 Revenue Aecount— »Wailu Drainage Area: Central subdivision 24,190 General Revenue Account .. .. .. .. 31,542 Suspense Account— Capital rates remitted: Kaitaia Drainage Area .. .. .. 13,965 Losses iii Suspense .. .. .. .* ■ .. 4,193 Cash in transit from post-office .. .. .. .. 436 £898,577 £898,577 Note.—Up to 31st March, 1940, interest on the recoverable expenditure was charged against the Rates Accounts and interest onfthe balance of the expenditure was capitalized, but, in terms of Treasury Instructions No. 81, Treasury agreed that thereafter interest on irrecoverable expenditure need not be brought into the accounts. D. M. Greig, Under-Secretary for Lands. Y. J. H. Pledger, Acting Chief Accountant. I hereby certify that the Eate Accounts 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, subject to the departmental note enfaced thereon and to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Ft. IV].—J. P. Rutherford, Controller and Auditor- General.

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