Accrued Interest Receivable Able and Payable, an Accurate Daily Statement (Classic Reprint)

Master daily accruals for precise earnings and expenses—keep bank statements truthful and up to date. The book shows practical methods to record earnings and expenses each day, so figures reflect the true financial position. It guides you through setting up accrual sheets and applying daily entries to build an accurate, actionable snapshot of condition.

Inside, you’ll find concrete steps for calculating interest accrued receivable, handling unearned discount, and recording discounts earned. The text uses bank examples to illustrate how to keep ledgers aligned and avoid large, hidden fluctuations in earnings or expenses. It emphasizes simple, repeatable processes you can implement to monitor deposits, loans, and investments daily.

• How to create and use accrual sheets for demand and time loans, bonds, and mortgages.


• Techniques for determining true earnings vs. receipts and how to track daily changes.


• Practical guidance on accruing interest, unearned discount, and expenses on a per‑diem basis.


• Tips for revising accrual figures as interest and deposits evolve, keeping reports current.

Ideal for finance professionals seeking a disciplined, daily approach to banking records and profitability.