. Modern banking methods and practical bank bookkeeping; illustrated with over two hundred forms of bank books, records and blanks. the width of the pagethree inches (from twenty inches to seventeen inches) and make aledger much more convenient to handle, while nothing would be lostin the advantages of the system. Another advantage by this methodis found in the much less crowding of the checks on the ledger. Inmany banks it is almost impossible to enter the innumerable numberof checks for a depositors account in the ledger. In some instancesthere will be as many as twenty-five to fifty checks
. Modern banking methods and practical bank bookkeeping; illustrated with over two hundred forms of bank books, records and blanks. the width of the pagethree inches (from twenty inches to seventeen inches) and make aledger much more convenient to handle, while nothing would be lostin the advantages of the system. Another advantage by this methodis found in the much less crowding of the checks on the ledger. Inmany banks it is almost impossible to enter the innumerable numberof checks for a depositors account in the ledger. In some instancesthere will be as many as twenty-five to fifty checks for one depositorin a single day, and I have seen bookkeepers in their efforts to ex-hibit these checks in detail on the ledger write them in various placeson the page, on the margin at the top, diagonally across the page,almost anywhere, thus making most unsightly work, and difficultto decipher. When using the check scratcher the posting in theledger is made from the checks, the scratcher only being referred toto obtain the total where more than one check for the same deposi-tor is present. BOOKS AND RECORDS OF THE BANK. 161. 162 MODERN BANKING METHODS. Another modified form of the Boston ledger, and one that is be-ginning to be quite extensively used, especially in the large cities,is shown in Fig. 86.* In this it will be seen that only two columnsare used, the balance column being eliminated. This further reduc-tion in size permits the whole six days to appear on one page, as isshown, and this makes it only eighteen inches wide. The postings are made as before from the checks and deposittickets, the check scratcher being used so that no detail appears onthe ledger. At the close of the day the balances are struck in thedepositors accounts, and these are carried forward to the next day,the credit balances being entered in the credit column and the debitbalances, or overdrafts, in the debit column, care being taken toplace these balances immediately on the heavy dividing line.
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Keywords: ., book, bookcentury1900, bookdecade1900, booksubjectbanksandbanking
