E.—7.

ORDINARY SCHOLARSHIP ACCOUNT. Statement of Receipts and Payments. Receipts. Payments. Balance, 31 st March, ] 938— £ s. d. £ s. d. General Account: Refund for year £ s. d. £ s. d. Post Office Savings-bank .. 1,851 14 4 1937-38 .. .. .. .. 430 9 7 Bank of New Zealand .. .. 534 5 3 English agency: Scholarships .. .. 1,3500(1 English agency .. . . 275 0 0 Bank charges .. .. .. .. 7 16 — 2,660 19 7 Junior scholarships .. .. 2,140 19 0 Transfer from General Account for scholarships .. 2,300 0 0 Senior scholarships .. .. 931 3 0 Interest received .. .. .. 2,911 2 9 ; 3,072 2 0 Interest, Post Office Savings-bank .. .. 8 18 Inscribed stock .. .. .. .. 1,17113 5 Mortgage repayment .. .. .. .. 58 16 9 Debentures . . .. .. .. , . 533 3 6 Balance, 31st March, 1939 —■ Post Office Savings-bank .. 154 19 1 Bank of New Zealand .. .. 494 11 8 English agency .. .. 725 0 0 1,374 10 9 £7,939 0 9 • £7,939 0 9 Revenue Account. Expenditure. £ s. d. Income. £ s. d. Scholarships .. .. .. .. 3,072 2 0 Interest .. .. .. .. .. 2,935 10 11 Scholarships: English agency .. .. .. 1,675 0 0 General Account .. .. .. .. 1,818 12 7 Bank charges .. .. .. .. 7 16 £4,754 3 6 £4,754 3 6 UNIVERSITY NATIONAL SCHOLARSHIP ACCOUNT. Receipts. £ s. d. Payments. £ s. d. Refund .. .. .. .. . . 15 0 6 Balance, 31st March, 1938 .. .. .. 669 19 0 Education Department grants .. .. .. 2.907 12 5 National scholarships .. .. .. .. 2,803 4 5 Grants, Public Trustee .. .. 1,111 7 0 Taranaki scholarships .. .. .. .. 1,156 8 6 General Account .. .. .. .. 5 12 0 Balance, 31st March, 1939 .. .. .. 590 0 0 £4,629 11 11 £4,629 11 11 GENERAL BALANCE SHEET AS AT 31st MARCH, 1939. Liabilities. Assets. General Account £ s. d. £ s. d, £ s. d. General Account — £ s. d. £ s. d. £ s. d. Capital Account .. 1,200 0 9 Post Office SavingsPlus revenue .. 2,178 1 9 bank.. .. 3,973 1110 3,378 2 6 Bank of New ZeaFees paid in advance .. .. 52 15 0 land .. .. 433 14 7 Sundry creditors .. .. 1,071 9 10 English agency .. 24 410 Appropriation Account .. ~ 1,793 22 4,431 11 3 6,295 9 6 Petty cash .. .. 40 0 0 Ordinary Scholarship Account— Furniture .. .. 976 4 5 Capital Account .. .. 72,436 0 5 Examination furnSundry creditors .. .. 1,081 7 5 ture .. .. .. 157 12 6 73,517 7 10 Sundry debtors .. .. 690 1 4 Special scholarships expenses — 6,295 9 6 Capital Account .. .. 41,523 15 4 Ordinary Scholarship Revenue Account .. .. 2,066 1 7 Account— Sundry creditors .. .. 7110 1 Post Office Savings43,661 7 0 bank.. .. 154 19 1 University National Scholarship Account: Bank of Bank of New ZeaNew Zealand .. .. .. .. 590 0 0 land .. .. 494 11 8 English agency .. 725 0 0 — 1,374 10 9 Mortgages .. 10,591 19 6 Accrued interest .. 735 4 11 Inscribed stock .. 38,158 14 6 Municipal debentures .. .. 22,650 8 1 Sundry debtors .. 6 10 1 72,142 17 1 -————— 73,51-7 7 10 Special Scholarships accounts —Investments .. 43,661 7 0 University National Scholarship Account: Sundry debtors .. .. .. .. .. 590 0 0 £124,064 4 4 £124,064 4 4

2—E. 7.

9