Daily Balance Book. — The daily balance book is ruled in a manner
similar to a trial balance book and may be varied in form to meet the require-
ments of any small bank. The first series of entries on the debit side is
composed of all charges of whatever nature against depositors whose names
appear in the individual ledger, received during the day over the counter or
through the mails. When received over the counter, the amount of each

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separate item is jotted down in pencil, and the check placed on the spindle,
which disposes of it as far as the day's balance is concerned, its future
course lying through the individual ledger to the check file. When received
from correspondent banks the items are checked in the letter as usual, pinned
together, and the footing of the letter entered in total, the bunched checks
being spindled as a single item. The first series of entries on the credit side
represents the total of each customer's deposit slip, or of any credit to
depositors received during the day, and the total footing of these debit and
credit items respectively must correspond with the total debit and credit
footing of the individual ledger for the day, the items being posted to the
latter directly from the checks and deposit slips after the day's work has
been balanced, or on the following morning.
The debit to bills discounted is the total amount of notes discounted
during the day, as shown by the discount register, and the credit to the same
account is the total amount of notes paid or renewed during the day, as
shown by the tickler.
