AnnualReport-1924 — Page 543

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Table XIII.

QUEEN'S COLLEGE.

"Lee Hy-san" and "A. W. Grant" Scholarships.

Income and Expenditure Account for the year ending 31st December, 1924.

Expenditure.

$ c.

Income.

$ c.

To Scholarships

100.00 By Balance from 1923...

220.00

>>

Balance, Cash at

Bank

240.00

Interest on $2,000 Hongkong 6% War Loan...........

120.00

$340.00

Balance Sheet, 31st December, 1924.

Liabilities.

$

C.

Capital

Assets.

2,240.00 | $2,000 6 % War Loan Bonds (held by the

Hongkong & Shang-

hai Bank)

Cash at Bank

$2,240.00

$340.00

C.

2,000,00

240.00

$ 2,240.00

E. RALPHS,

Inspector of English Schools.