Table XVI.
KING'S COLLEGE.
"Ho Kom-tong" and "Ralphs" Scholarships.
Income and Expenditure Account for the year ending 31st December, 1927.
Income.
To Balance from 1926. ,, Interest on $1,000 Hong Kong Government Loan
$ C.
Expenditure.
$ C.
26.00 By Scholarships
50.00
Balance, Cash at Bank
36.00
War
60.00
$86.00
Balance Sheet, 31st December, 1927.
Liabilities.
To Capital
$ C.
Assets.
1,036.00 $1,000 6% War Loan Bonds (in custody of Hong Kong and Shanghai Bank)*
Cash at Bank
$1,036.00
$86.00
C.
1,000.00
36.00
$1,036.00
*These bonds were drawn during the year and the proceeds, $1,000, were re-invested in the Hong Kong Government Public Works Loan.
E. RALPHS,
Inspector of English Schools.