Table X.
QUEEN'S COLLEGE.
Morrison Scholarships-Senior and Junior.
Income and Expenditure Account for the year ending 31st December, 1922.
Expenditure.
$ c.
To Scholarships
450.00
H.K. Electric Co.
(75 New Shares) ...
750.00
Balance, Cash at Bank
31
1,636.84
Income.
$ c.
By Balance from 1921
1,387.65
Income from Docks, Lands, Electrics...
1,420.00
Bank Interest
29.19
Liabilities.
Capital........
$ 2,836.84
Balance Sheet 31st December, 1922.
$ 2,836.84
Assets.
$ c.
26 "Dock" Shares at $181
4,706.00
25 "Land" Shares at $260
6,500.00
225 "Electric" Shares at $23
5,175.00
Cash at Bank
1,636.84
$18,017.84
$18,017.84
E. RALPHIS,
Inspector of English Schools.