I think I have come to the conclusion that Arrears of Revenue should not be shown as Assets in the Statement of Assets and Liabilities in future. The amount of Arrears should be shown not in the body of the Statement but in a footnote & it should be stated in the same footnote what fraction of such amounts is considered recoverable.
I have, etc.
The Comptroller and Auditor General,
A. F.
16/12 Mr. Johnson 165
Detailed statement of revenue.
Do.
do. expenditure.
173
20 Dec.
I am directed by the Secretary of State to acknowledge the receipt of your letter of the 5th inst. No.252 and to return to you the detailed statements of Receipts and Expenditure for the year 1900 which were enclosed in the same.
2. The Treasurer's report with your certificate afforded,
and I am to report to you.