# Table X.
"Lee Hy-san" and "A. W. Grant" Scholarships.
Income and Expenditure Account for the year ending 31st December, 1921.
Expenditure.
$ c.
Income.
$ c.
To Scholarships
100.00
By Balance from 1920...
160.00
Balance, Cash at Bank
180.00
Interest on $2,000 Hongkong 6% War Loan....
120.00
$280.00
$280.00
Balance Sheet, 31st December, 1921.
Liabilities.
$ c.
Assets.
$ c.
Capital
2,180.00
| $2,000 6% War Loan Bonds (held by the Hongkong & Shanghai Bank)
2,000.00
Cash at Bank
180.00
$2,180.00
$2,180.00
E. RALPHIS,
Inspector of English Schools.