Senior Examination Papers, 1894. 
337 
Robert Brown rents a farm at 250Z. a year. 
On Sept. 29, 1892, his assets were : — 
£ 
s. 
d. 
Cash at Bank ..... 
210 
0 
0 
Petty Cash 
13 
5 
0 
Horses . . . valued at . 
180 
0 
0 
Sheep 
460 
0 
0 
Dairy Stock . . . „ . 
380 
0 
0 
Pigs ...... 
33 
0 
0 
Poultry ...... 
6 
0 
0 
Hay and Straw . . ,, 
245 
0 
0 
Corn ...... 
525 
0 
0 
Seeds and Manures . . „ . 
94 
0 
0 
Oil cake . 
57 
10 
0 
Growing Crops and Tillages „ 
570 
0 
0 
Implements, taken at cost price, less 
10 
per cent, per annum for depreciation 
• 
310 
0 
0 
His liabilities were : — 
£ 
s. 
d. 
To Landlord 
, 
125 
0 
0 
„ Bankers, loan at 4 per cent. 
400 
0 
0 
„ Implement-makers for implements in- 
eluded in the above valuation . 
75 
4 
0 
During the year he draws cheques for : — 
£ 
s. 
d. 
Horses 
40 
0 
0 
Cattle ...... 
170 
0 
0 
Pigs 
25 
0 
0 
Sheep 
175 
0 
0 
Seeds 
15 
0 
0 
Manures 
33 
0 
0 
Implements ..... 
14 
0 
0 
Tradesmen’s Bills .... 
37 
0 
0 
House Expenses .... 
174 
0 
0 
Wages 
447 
0 
0 
Food Purchased .... 
73 
0 
0 
Rent 
140 
0 
0 
Rates and Taxes .... 
43 
0 
0 
Petty Cash 
24 
17 
6 
He sells to his landlord 20 tons of Hay at 51. 5s., and receives notice in 
June that 25 per cent, of his rent is remitted for the current year. 
He sells to his implement-makers 40 sheep at 39.?. 
He sells to Smith 45 sheep at 42s., and accepts in part payment 5 cows 
worth 16Z. each, the balance remaining due. 
He receives and pays into the Bank for 
Horses sold .... 
Cattle „ .... 
Sheep „ .... 
Tigs and Poultry 
Dairy Produce 
Corn 
Wool 
£ j. d. 
57 10 0 
146 0 0 
380 0 0 
44 0 0 
284 13 0 
616 0 0 
123 0 0 
These receipts enable him on the 25th of March to repay the loan from 
the Bankers. 
On Sept. 29, 1893, he owes to tradesmen 65 1. 12s 
