This section is from the book "Banking Principles And Practice", by E. L. Stewart Patterson. Also available from Amazon: Banking Principles And Practice.
The balance book is used to record the trial balances and adjustments of the different accounts in the office. The balances should be taken off on loose leaves and filed in a binder, either continuously in chronological order, or consecutively under tagged divisions, one for each class of balance. The divisions would be made for the various ledger balances, draft accounts, list of loan and trade bills, cash items account, etc.
 
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