AnnualReport-1924 — Page 545

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Table XV.

QUEEN'S COLLEGE.

Machell Memorial Prize,

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

Expenditure

$ C.

Income

$

C.

To Cost of Prize (M. N.

Razack)

24.50

By Interest on $550 fixed

Deposit at 43%

24.50

$24.50

Balance Sheet, 31st December, 1924.

Liabilities

$

C.

Capital

Assets

550.00 | $550 fixed deposit with the Hongkong & Shang- hai Bank

$550.00

$

$24.50

C.

550.00

$550,00

E. RALPHS,

Inspector of English Schools,