The Main Return

The monthly or bi-monthly liability statement differs from the above described one only in its being a complete exhibition of the customers' liabilities. Every account exceeding the minimum fixed - anywhere from $300 up to $500-goes in, and, as the small accounts are bunched at the end, the total can be balanced within a few hundred dollars with the general ledger figures.

This also is press copied. A special copy book is kept for the liability statements. All three of the statements which have been described are to be signed or authenticated by both manager and accountant.

It may be, if a complete liability report is required once a month, that the report on large accounts is not required at all. As before stated, each bank follows whatever policy it thinks best in this matter of statements required from the branches.