Table XII.
QUEEN'S COLLEGE.
Morrison Scholarships-Senior and Junior
Income and Expenditure Account for the year ending December 31, 1926.
Expenditure $ C. Income $ c. To Scholarships 450.00 By Balance from 1925. 3,180.83 Income from Dock, Lands and Electrics 4,099.40 4,549.40 ** 4,099.40 Balance, (cash at bank) 4,099.40 Bank Interest 1,337.50 31.07 $4,549.40 $4,549.40Balance Sheet, December 31, 1926.
Liabilities. $ C. Capital Assets. 32,709.40 52 "Dock" Shares @ $421 2,210.00 100 "Land" Shares @ $54 5,400.00 375 "Electric" Shares @ $56 21,000.00 $32,709.40 Cash at Bank 4,099.40 $32,709.40E. RALPHS,
Inspector of English Schools.