This book was originally used simply to record the remittances from other

Figure 17 banks and the distribution of the proceeds; but it gradually developed into a general sorting-out book for the cash book, and is particularly useful in connection with the mail work. All credits for cash items account should be entered here and, if possible, all the entries for branch clearings account, in order to form a check on the completed statement. The ruling and headings vary in different banks, but a good form is shown in Figure 17.

The bulk of the entries for this book arrive in the morning mail.

Returned cash items are also entered in this book, being credited in the cash items column and debited in the sundry column to the indorsers, only the totals being handed to the teller.

This book is most useful in sorting out and blocking the work.