New Modern Illustrative Banking

Author : E. Virgil Neal
Publisher :
ISBN 13 : 9781332346097
Total Pages : 102 pages
Book Rating : 4.3/5 (46 download)

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Download or read book Modern Illustrative Banking (Classic Reprint) written by E. Virgil Neal and published by . This book was released on 2015-08-06 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Modern Illustrative Banking This text-book on banking is designed to reproduce as nearly as possible the practical workings of a national bank. A detailed account of the organization and practical management of banks is given, but the books are opened from statements showing the condition of a bank that is in operation. For the purpose of illustrating the actual routine of a national bank many attractive incoming documents and an envelope of blank business forms have been prepared to accompany the text. The incoming documents are made the basis of a series of transactions which the student is required to record in the various bank books, and the blank business forms are used in preparing the bank's outgoing documents. The series of transactions is arranged to cover, in abbreviated form, two days business of the First National Bank, Rochester, N.Y. During the first day all of the business forms of the bank are handled by the student; but during the second day the business forms are dispensed with and only the entries for the various transactions are recorded, historical data for them being furnished in the text. The work is so classified as to show the ordinary duties devolving upon the various bank officers and clerks. At the close of the second days practice dividends are declared, statements made, and the books closed. Care has been taken to furnish sufficient material to make these statements and the necessary closing entries illustrative of this feature of bank accounting. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.