O 50
Table XV.
QUEEN'S COLLEGE.
Machell Memorial Prize,
Income and Expenditure Account for the year ending 31st December, 1924.
Expenditure
$ C.
Income
$
C.
To Cost of Prize (M. N.
Razack)
24.50
By Interest on $550 fixed
Deposit at 43%
24.50
$24.50
Balance Sheet, 31st December, 1924.
Liabilities
$
C.
Capital
Assets
550.00 | $550 fixed deposit with the Hongkong & Shang- hai Bank
$550.00
$
$24.50
C.
550.00
$550,00
E. RALPHS,
Inspector of English Schools,