Table XII.

QUEEN'S COLLEGE.

"Lec Hy-sun" and "A. W. Grant." Scholarships.

Income and Expenditure Account for the year ending 31st December, 1922.

Expenditure.

To Scholarships

c.

Income.

e.

100.00

By Balance from 1919...

180.00

*

Balance,

Bank

Cash at

"

200.00

Interest on $2,000 Hongkong 6% War Loan........

120.00

$300.00

Balance Sheet, 31st December, 1922,

Liabilities.

$ C.

Capital

Assets.

2,200.00 | $2,000 6% War Loan Bonds (held by the

Hongkong & Shanghai Bank)

Cash at Bank

$2,200.00

$ 300.00

L

C.

2,000.00

200.00

$ 2,200.00

E. RALPHS,

Inspector of English Schools.

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