# Table XVII.
# KING'S COLLEGE.
# The "Mok Kon-sang" Scholarship.
# Income and Expenditure Account for the year ending 31st December, 1927.
Income. $ C. Expenditure. $ C. To Balance from 1926. 33 75 By Scholarships 40 00 Interest on $1,000 Hong Kong 6% Public Works Loan 60 00 Balance, Cash at Bank 53 75 93 75 93 75# Balance Sheet, 31st December, 1927.
Liabilities. $ C. Assets. $ C. Capital 1,053 75 $1,000 6% Hong Kong Government War Loan Bonds (Held by the Hong Kong & Shanghai Bank)* 1,000 00 Cash at Bank 53 75 1,053 75 1,053 75*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.