Table X.

QUEEN'S COLLEGE.

Morrison Scholarships-Senior and Junior.

Income and Expenditure Account for the year ending 31st December, 1927.

Expenditure. $ C. Income. $ C. To Scholarships By Balance from 1926. 1,599 40 + from 'Docks', 'Lands'. 650 00 Cheque Book and 'Electrics'. 1,337 50 Bank Bank Interest ... 166 66 Balance, Cash at Bank 2,451 06 $3,103 56 $3,103 56

Balance Sheet, 31st December, 1927.

Liabilities. $ C. Assets. $ C. To Capital 52 'Dock' shares @ $37 1,950 00 100 'Land' shares @ $63 6,300 00 37,013 56 375 'Electric' shares @ $634 23,812 50 Cash on Fixed Deposit. 2,500 00 Cash at Bank 2,451 06 $37,013 56

15th March, 1928.

A. H. CROOK.

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