Table IX.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1923.
Balance Sheet, 31st December, 1923.
Liabilities. $ C. Assets. $ C. Capital 908 43 On Fixed Deposit with Hongkong & Shanghai Bank 8,000 00 Hongkong War Loan Bonds (in custody of Hongkong and Shanghai Bank) 1,500 00 Cash at Bank, in Current Account 540 89 908 43 10,040 89E. RALPHS,
Inspector of English Schools.
O 48
Table IX.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1923.
Income.
To Balance from 1922
$
C.
Expenditure.
C.
516.44
By Scholarships
360.00
Income from In-
""
""
Stationery
7.54
vestments
240.00
""
Interest on Cur-
Balance, Cash at
Bank
540.89
"}
rent Account
151.99
908.43
Balance Sheet, 31st December, 1923.
Liabilities.
Capital
908.43
$
..
Assets.
c.
10,040.89
On Fixed Deposit with Hongkong & Shanghai
Bank
8,000.00
10,040.89
Hongkong War Loan
Bonds (in custody of Hongkong and Shanghai Bank)...
1,500.00
Cash at Bank, in Cur-
rent Account
540.89
10,040.89
E. RALPHS,
Inspector of English Schools.
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