Mr. Fitzroy:
BY COURTI
A.
*.
A.
q.
A.
BY MR. FITZROY:
Qo
A
BY COURT
Q.
A.
BY MR. FITZROY:
Q A.
A.
7.
9
If you look at the Statutory Report Mr. Ross (Handed to him) paragraph "B" states the total amount of cash received by the Company in respect of shares issued by the Company was $876,750.00. You have examined the books, how much was actual cash?.
Does that agree with the books ?.
Yes, my Lord. $876,750.00 was received on the 9th of August, according to the cash book, on account of shares. Of the 1876, 750.00 it appears that only $48,650.00 was actually cash.
That is to say that $48,650.00 passed through the books as notes ar cheques?.
Do you mean to say that 48,650.00 is actually cash?.
It appears to be either cash or cheques. You mean to say that the major balance of $876,750,00 is not cash?. Yes, my Lord. entries.
$800,000.00 odd are cross
You have examined these books, was the Company in a position to make loans of 7 lakhs?. No.
What you meant was that the Company never had actual cash in hand with which to make loans of $700,000.00 odd?. No, my Lord.
What actual cash was received in June?. Can I have the cash book?. (Handed to him) There was a balance on the 1st of June of $46,987.00.
what actual cash was received in June?. $46,987.00 also +17,650 albogether $64,637.
00
What was the amount of cash shewn to be in hand on the 1st of June?. $9.330.00.
A.
BY COURT
8. A.
How much cash was received in July?. $19. 38 was received in July.
Do you mean to say that is the total amount of cash shewn in the books for July, 1927 $19. 38.7.
Yes, apart from cross entries.
What in June?.
$63,387.65.
The loans for July were
$761,100.00.
No comments yet.
Private notes are available after approval.