Table XI.
The Lugard Scholarship.
Income and Expenditure Account for year ending 31st December, 1917.
Expenditure. Income. To Scholarships, 270.00 By Balance from 1916, 1,001.86 Balance, Cash at Bank, 990.35 Interest, 258.49 $1,260.35 $1,260.35Balance Sheet, 31st December, 1917.
Liabilities. Assets. Capital, Debentures, (in safe custody of Bank), 8,000.00 (Scholarship Fund). 8,990.35 Cash at Bank. 990.35 $8,990.35 $8,990.35E. RALPHS,
Inspector of English Schools,