Table XI.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1921.
Expenditure.
$ c.
To Scholarships 375.00
Income.
$ C.
By Balance from 1920 1,687.76
Balance, Cash at Bank 1,824.22
$2,199.22 $2,199.22
Interest on Dividends 480.00
Interest on Current Account ... 31.46
Balance Sheet, 31st December, 1921.
Liabilities.
$ $ C.
Assets.
$ C.
Capital 9,824.22 (Scholarship Fund.)
Debentures, (in custody of Hongkong & Shanghai Bank) 8,000.00
Cash at Bank 1,824.22
$9,824.22 $9,824.22
E. RALPHS,
Inspector of English Schools.
O 42
Table XI.
The Lugard Scholarship.
Income and Expenditure Account for the year
ending 31st December, 1921.
Expenditure.
$35 c.
To Scholarships
Income.
C.
375,00 By Balance from 1920 1,687.76
Balance, Cash at
Bank
1,824.22
$2,199.22
Interest on Divi-
dends
480.00
Interest on Cur-
95
rent Account ...
31.46
Balance Sheet, 31st December, 1921.
$2,199.22
Liabilities.
$$ C.
Assets.
A
$
C.
Capital
9,824.22
(Scholarship Fund.)
Debentures, (in custody of Hongkong & Shanghai Bank) .......
་་
8,000,00
Cash at Bank
1,824.22
$9,824.22
$9,824,22
E. RALPHS,
Inspector of English Schools.
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