# Table XII.
## QUEEN'S COLLEGE.
"Lee Hy-san" and "A. W. Grant" Scholarships.
### Income and Expenditure Account for the year ending 31st December, 1923.
Expenditure. $ c. Income. $ c. To Scholarships 100.00 By Balance from 1922... 200.00 Balance, Cash at Bank 220.00 Interest on $2,000 Hongkong 6% War Loan..... 120.00 100.00 $320.00### Liabilities.
### Balance Sheet, 31st December, 1923.
$ c. Assets. $ c. 2,220.00 $2,000 6% War Loan Bonds (held by the Hongkong & Shanghai Bank) 2,000.00 Cash at Bank 220.00 Capital 2,220.00 $ 320.00 2,220.00 $ 2,220.00E. RALPHS,
Inspector of English Schools,
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