The practical work of a bank : a treatise on practical banking which aims to show the fundamental principles of money, the practical work of a bank in detail, and particularly, credit in its relation to banking operations . rse, in s])acing a ledger and entering the namesof the depositors, the balances are not forwarded at thesame time. The spacing is accomplished and all the namesare entered before any of the balances are transferred. Thebookkeeper does not attem])t to space his ledger and for-ward all the names in one day. In fact, most of them be-gin about a month before the date set for fo
The practical work of a bank : a treatise on practical banking which aims to show the fundamental principles of money, the practical work of a bank in detail, and particularly, credit in its relation to banking operations . rse, in s])acing a ledger and entering the namesof the depositors, the balances are not forwarded at thesame time. The spacing is accomplished and all the namesare entered before any of the balances are transferred. Thebookkeeper does not attem])t to space his ledger and for-ward all the names in one day. In fact, most of them be-gin about a month before the date set for forwarding thebalances to apportion the pages and copy the accounts. Another method used is to write the names of depositors 302 THE PRACTICAL WORK OF A BANK on slips of pajDer, with the number of ^Jages to be allottedto each account, and insert each slip in the ledger at thepage the account is to occupy. This method, though notentirely satisfactory, is much better than the first. If thes^^acing does not work out right under certain letters of thealphabet, the slips may be easily removed and replaced toreadjust the a])portionment. After the slips are all insert-ed, the names are copied in the book from them. The loca-. ADDIXG 3IACHIXE AS USED FOR BAXK STATE:V1EXTS SPECIMEX OF WORK P. 303 (Courtesy of the Adaer Machine Co., Wilkesbarre, Fa.) tion of each following account is determined by the locationof the slip in the ledger and the number of pages indicatedon the slip. Making Allowances fok Xew Accounts In spacing a new ledger, allowance must of course bemade for new accounts which are likely to be opened duringthe life of the ledger. This space shoidd be apportioned asaccurately as possible, as a failure to do so is sure to causethe overlapping of the accounts. For instance, suppose thespace apportioned to the vowel i under A has been filledwith new accounts and a man by the name of Aikens opensan account. This account will then have to be entered undersome other vowel in the s
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Keywords: ., bo, bookcentury1900, booksubjectbanksandbanking, booksubjectmoney
