Author: Albert Reed Barrett

Publisher: Theclassics.Us

Published: 2013-09

Total Pages: 92

ISBN-13: 9781230473611

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ...and one o'clock and the other after the close of the bank. This method keeps the work up closer. Of course in that case only the black ink need be used in posting. The example given will refer to this method also. A useful addition to the customary form, which has been added by the writer, is a narrow column one-eighth of an inch wide on the left side of each debit column. This is used for inserting the number of checks making up the amount posted. Two total footings are shown in the credit columns. The lower ones represent the footings of the balances, and the ones above, those of the deposits for the day. In the debit columns are shown only the footings of the day's checks, which should agree with the footing of the check scratcher. Had there been any overdrafts in this form, and placed in the debit columns, their total would have appeared in the lowermost space of those columns. The form here given shows only three days of the week; the other three should follow, on the same page. The form for the check scratcher which is most generally used has been shown before, but a great improvement, especially where the Boston ledger is used, is shown in Fig. 87. Although the names here are shown in writing, it is intended that the printer should again lend his assistance by printing the names in the same consecutive order in which the accounts are found on the ledger, leaving spaces for new names. The bookkeeper simply enters the amounts of the checks opposite their respective names, and in the proper date column, as they are gathered up during the day, and posts them in totals to the ledger. In the form shown two days appear, the other four days are intended to be exhibited on the next adjoining page, so that the one column of names operates...