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Table XVI.

QUEEN'S COLLEGE.

"Ralphs" Head Prefect Medal.

Income and Expenditure Account for the year ending 31st December, 1924.

Expenditure.

* c.

Income.

$ c.

To One Gold Medal ...

14.30

By Balance from 1923

23.61

Balance at Bank ...

22.41

Interest on Debentures

12.00

"

1

Interest on A/c. .....

1.10

$ 36.71

Balance Sheet 31st December, 1924.

$ 36.71

Liabilities.

$

C.

Assets.

C.

Capital.......

222.41

...

$200 in Royal H.K. Golf Club Deben-

tures at 6%

200.00

$ 222.41

Cash at Hongkong &

Shanghai Bank

22.41

$ 222.41

E. RALPHS,

Inspector of English Schools.

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