30
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TABLE XVI
OFFICIAL RECEIVER (IN BANKRUPTCY) ACCOUNT
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31st March, 1959
RECEIPTS
To Balance as at 1st April, 1958:
"
??
Cash at Bank
Cash in Hand
Creditors' Deposits for preliminary expense, Realizations of assets of bankrupt estates
Costs awarded to Official Receiver
Refunds from Bankruptcy Estates Account
>
71
Other receipts...
•
Bank Interest
Cr.
PAYMENTS
By Dividends to Creditors
$178,858.97
$406,836.35
17
711.92 $407,548,27 1,000.00 541,400.10 810.00 842.27 79.20 9,035.62
Expenses of administration of bankrupt estates Unclaimed dividends transferred to Bankruptcy
34,878.20
Estates Account
15,670.34
+
Official Receiver's Fees
---
23,612.14
72
Refunds of Deposits
591.60
97
Other payments
539.82
Placed on Fixed Deposits
284,500.00
77
Balance as at 31st March, 1959 :
Cash at Bank
Cash in Hand
$421,558.40
505.99
422,064.39
$960,715.46
$960,715.46
OFFICIAL RECEIVER (IN BANKRUPTCY) ACCOUNT
STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1959
LIABILITIES
Creditors' deposits for preliminary expenses Less expenses paid therefrom Unclaimed dividends
Undistributed assets of bankrupt estates
D
$2,900.00 74.10
Fixed deposits
$2,825.90 5,646,95 788,192.54
Advance Accounts
Balance as at 31st March, 1959:
Cash at Bank
Cash in Hand
ASSETS
$796,665.39
$374,500.00 101.00
$421,558.40 505.99
422,064.39
$796,665.39
Note: The above Statement includes only such assets of Bankrupt Estates as have been realized.
W. K. THOMSON, Registrar General, (Official Receiver). 23rd July, 1959.
The above Statement of account has been examined in accordance with Colonial Regulation No. 257. I have obtained all the information and explanations that I have required, and I certify, as a result of this audit, that in my opinion the Statement is correct.
AUDIT DEPARTMENT,
Hong Kong, 30th July, 1959.
F. E. L. CARTER, Director of Audit.