# Table XI.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1918.
Expenditure. $ c. Income. $ c. To Scholarships. 330 00 By Balance from 1917 990 35 Messrs. Noronha, Printing Certificates 6 00 Interest on Dividends 720 00 Balance, Cash at Bank 1,394 44 Interest on Current Account 20 09 $1,730 44 $1,730 44Balance Sheet, 31st December, 1918.
Liabilities. $ c. Assets. $ c. Capital (Scholarship Fund) 9,344 44 Debentures, (in safe custody of Bank) 8,000 00 Cash at Bank 1,394 44 $9,344 44 $9,394 44E. RALPHS,
Inspector of English Schools.
O 25
Table XI.
The Lugard Scholarship.
Income and Expenditure Account for the year
Expenditure.
To Scholarships.
ending 31st December, 1918.
$ c.
Income.
330.00 By Balance from 1917
">
Messrs. Noronha, Printing Certi- ficates
6.00
Balance, Cash at
"
Bank
1,394.44
$1,730.44
C.
990.35
35
Interest on Divi-
dends
720.00
29
Interest on Cur- rent Account
20.09
Balance Sheet, 31st December, 1918.
$1,730.44
Liabilities.
$
C.
Assets.
$5
C.
Capital
9,344.44
Debentures, (in safe
custody of Bank) ..
8,000.00
(Scholarship Fund.)
Cash at Bauk
1,394.44
$9,394.44
$9,394.44
E. RALPHS,
Inspector of English Schools.
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