# Table X.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1919.
Expenditure.
To Scholarships.
$ c. 345.00Balance, Cash at
Income.
$ c. 1,394.14 By Balance from 1918 59 Bank 1,554.95 480.00 Interest on Dividends 25.51 Interest on Current Account $1,899.95Balance Sheet, 31st December, 1919.
$1,899.95Liabilities.
C.
Assets.
$ C. Capital 9,554.95 Debentures, (in custody of Hongkong & Shanghai Bank)... 8,000.00 Cash at Bank 1,554.95 $9,554.95 $9,554.95E. RALPHS,
Inspector of English Schools.
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Table X.
The Lugard Scholarship.
Income and Expenditure Account for the year
ending 31st December, 1919.
Expenditure.
To Scholarships.
Balance, Cash at
$
c.
345.00
Income.
$
c.
By Balance from 1918 1,394.14
"
Bank
59
1,554.95
Interest on Divi-
dends
480.00
"
Interest on Cur- rent Account
25,51
$1,899.95
Balance Sheet, 31st December, 1919.
$1,899.95
Liabilities.
C.
Assets.
$
C.
Capital
9,554.95
Debentures, (in custody
of Hongkong &
(Scholarship Fund.)
Shanghai Bank)...
8,000.00
Cash at Bauk
1,554.95
$9,554.95
$9,554.95
E. RALPHS,
Inspector of English Schools.
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