# Table X.
"Lee Hy-san" and "A. W. Grant" Scholarships.
Income and Expenditure Account for the year ending 31st December, 1920.
Expenditure.
$ c.
Income.
$
To Scholarships
100.00
By Balance from 1919...
140.00
Balance, Cash at Bank
160.00
Interest on $2,000 Hongkong 6% War Loan.........
120.00
Liabilities.
Capital
$260.00
Balance Sheet, 31st December, 1920.
0.
Assets.
$2,000 6% War Loan Bonds (held by the Hongkong & Shanghai Bank)
2,000.00
Cash at Bank
160.00
$2,160.00
$ 260.00
2,160.00
E. RALPHS,
Inspector of English Schools,