Table XI.
QUEEN'S COLLEGE.
Ho-Dealy-Ralphs' Scholarships.
(Comprising Ho Wing, Ho Iu, Ho Kwong, Dealy, Ralphs, Scholarships)
Income and Expenditure account for the year ending December, 1923.
Expenditure. $ Income. $ To Scholarships. 250.00 By Balance from 1922 114.41 Cheque Book..... 2.50 Interest on £550, 5% War Loan to 1.12.22 120.00 Balance, Cash at Bank 119.18 Cheque (Dec. 29th). 27.53 Interest to 1.6.23 119.18 $ 371.68 $ 371.68
Balance Sheet, 31st December, 1923.
Liabilities. $ Assets. $ To Capital 4,797.36 £550 in 5% War Loan 1922/1924 (held by the Hongkong and Shanghai Bank, London) at 2/4¾ (exch. rate on December 31st, 1923) 4,678.18 Cash at Bank 119.18 $ 4,797.36 $ 4,797.36
E. RALPHS,
Inspector of English Schools,