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# Table XI
## THE LUGARD SCHOLARSHIP.
Income and Expenditure Account for the year ending 31st December, 1926.
Income $ c. Expenditure $ C. To Balance from 1925. 949 05 By Scholarships 420 00 Income from Investments 490 00 Cheque Book 2 50 Interest on Current Account 15 28 $1,454.33 $1,454.33## Balance Sheet, 31st December, 1926.
Liabilities. $ € Assets. $ Capital 10,531 83 On Fixed Deposit with Hong Kong & Shanghai Bank $10,531.83 Hong Kong War Loan Bonds (in custody of Hong Kong and Shanghai Bank) 1,500.00 Cash at Bank, in Current Account 1,031.83 $10,531.83E. RALPHS,
Inspector of English Schools.
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Table XI
THE LUGARD SCHOLARSHIP.
Income and Expenditure Account for the year ending
31st December, 1926.
Income
$ c.
Expenditure
C.
•
To Balance from 1925. 949.05 By Scholarships
420.00
Income from
Cheque Book
2.50
Investments
490.00
J
Interest on Current
Balance, Cash at
Bank
""
.1,031.83
Account
15.28
$1,454.33
$1,454.33
Balance Sheet, 31st December, 1926.
Liabilities.
$ €
Capital
Assets.
$
C.
10,531.83 On Fixed Deposit with Hong Kong & Shang- hai Bank
$10,531.83
... 8,000.00
Hong Kong War Loan
Bonds (in custody of Hong Kong and
Shanghai Bank) 1,500.00 Cash at Bank, in
Current Account 1,031.83
$10,531.83
E. RALPHS,
Inspector of English Schools.
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