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INVERCARGILL LICENSING' TRUST—continued RUGBY PARK BOTTLE STORE Trading Account for the Year Ended 31st March, 1949 £ s. d. £ s. d. £ s. d. Stock on hand, Ist April, Sales .. .. .. .. 11,619 13 6 1948 : cellar .. .. 139 4 5 Purchases during year .. 8,590 3 3 8,729 7 8 Less stock on hand, >3lst March, 1949 .. 224 18 0 Cost-price of goods sold .. .. 8,504 9 8 Gross profit ". .. .. .. 3,115 310 £11,619 13 6 £11,619 13 0 Profit and Loss Account for the Year Ended 31st March, 1949 £ s. d. £ s. d. . £ s. A. Depreciation— Gross profit from Trading Account .. 3,115 310 Buildings .. 32 10 1 . Rent .. .. .. .. 286 0 0 Furniture . . . . 24 7 8 Glassware, &c. .. .. 2 3 8 59 1 5 Insurance .. .. .. 15 2 1 Interest .. .. .. 121 6 0 Land-tax .. .. .. 10 12 6 Rates .. .. .. 34 10 1 Repairs and maintenance .. 123 4 0 StaffSuperannuation .. .. 24 17 3 Wages and salaries .. 542 6 8 Sundry trading expenses .. 152 1 9 1,024 0 4 1,083 1 9 Net profit .. .. .. .. 2,318 2 1 £3,401 3 10 £3,401 3 10 Sundry Trading Expenses" £ s. d. Annual charges : annual licences, P.O. box rental, telephone rentals, &c. .. 48 0 0 Detail paper .. .. .. .. .. .. .. .. 010 2 Disinfectant .. .. .. .. .. .. .. - .. 116 0 Electricity .. .. .. .. .. .. .. .. 9 17 0 Expenses, incidental (paper, string, &c.) .. .. .. .. .. 82 12 5 Printing and stationery .. .. .. .. .. .. .. 0 10 7 Signwriting .. .. .. .. .. .. .. .. 326 Sundries .. .. .. .. .. .. .. .. 5 13 1 £152 1 9

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