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Free Books / Finance / Banking Practice And Foreign Exchange / | ![]() |
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Books And Records. Part 11 |
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This section is from the book "Banking Practice And Foreign Exchange", by Howard McNayr Jefferson. Also available from Amazon: Banking Practice And Foreign Exchange.
The general ledger is usually an ordinary ledger with controlling accounts for each of the individual ledgers, for bonds and mortgages and bonds, each of which will need a subsidiary record. The ledger also contains the usual asset and liability accounts such as banking house and lot, furniture and fixtures, cash on hand and cash in bank, together with the complement of earning and expense and profit and loss accounts.
The mortgage record will be found very easy to handle, if kept on cards or in a loose-leaf ledger. The Library Bureau cards, which may be modified to suit the individual taste, are shown in Figures 27 and 28 on pages 67 and 68. All improved property should be insured and a careful record kept of the date of expiration of the policies.
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Date paid |
Payments on account of principal |
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Date paid |
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Amount |
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Date due |
Interest |
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Amount paid |
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Date paid |
Due |
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Memo. |
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Figure 27. Hace Of Mortage Card Reduced. Actual Size Approximately 4* 6 Inches.
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First Mortgage Loan Register |
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Mortgago Na |
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Address |
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Description |
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Sec. T N.R. W. County |
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Yes Yes Patent No Receiver's Receipt Dated 190 In our hands No |
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Appraised Land $ Buildings $ Acres Improved |
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Insurance $ Expiration 190 Company |
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a.m Recorded 190 p.m. Book Page Second Mortg. No. |
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Dated 190 Amount $ int..% Before Mat Entd J.F. |
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Due 190 Option Mortgagee Addrsss |
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Sold date 190 Amount $ Date draft rec'd 190 Ent'd J.F. Sold to Address |
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Assigned to Date paid 190 |
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Form 51 5 . |
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Remarks: |
Date |
Statement Of Account |
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Sent to |
Check for Bal. |
Advances and Expenses Paid |
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Amount |
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Date Due |
Date Due |
First Mortgage Loans |
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Amount Principal |
Amount Coupons |
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Date Paid |
Date Paid - |
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Totals |
Remarks |
Totals |
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Remarks |
Figure 28. Mortgage Record.
 
Continue to:
banking practice, collection department, credit department, duties, foreign commerce, foreign exchange, money, international security market, kinds of banks, exchange market, movement of gold, new york stock exchange, sundry departments, finance
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