# Table X.
The Lugard Scholarship.
Income and Expenditure Account for the year ending 31st December, 1924.
Income. $ C. Expenditure. $ To Balance from 1923 540.89 By Scholarships 255.00 Income from Investments 490.00 19 Balance, Cash at Bank 790.47 Refund 7.54 Interest on Current Account 7.04 1,045.47Balance Sheet, 31st December, 1924.
Liabilities. $ Assets. $ Capital 10,290.47 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 790.47 10,290.47 10,290.47E. RALPHS,
Inspector of English Schools.
Page 540
Page 541
0 45
Table X.
The Lugard Scholarship.
Income and Expenditure Account for the year
ending 31st December, 1924.
Income.
$
C.
Expenditure.
$
To Balance from 1923
540.89
By Scholarships
255.00
Income from In-
לי
vestments
490.00
19
Balance, Cash at
Bank
790.47
Refund
7.54
رو
Interest on Cur-
72
rent Account
7.04
1,045:47
Balance Sheet, 31st December, 1924.
Liabilities.
Capital
1,045.47
$
Assets.
$
10,290.47
On Fixed Deposit with
Hongkong & Shanghai
Bank
8,000.00
10,290.47
Hongkong War Loan
Bonds (in custody of Hongkong and Shanghai Bank)..... Cash at Bauk, in Cur-
rent Account
1,500.00
•
790.47
10,290.47
E. RALPHS,
Inspector of English Schools.
Page 540Page 541
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