Dialogue "In a Bank"

Cashier: Now this is the checking account ledger. Each page is a record of a customer’s deposits and withdrawals.

Student: And you give a copy of this to the customer.

C.: That’s right. That’s his statement, which he receives with all his cancelled checks. Then he reconciles it with his own records.

S.: This one is a joint account, isn’t? And pretty active.

C.: Yes, it is.

S.: What’s this debit?

C.: That’s our service charge.

S.: I notice an overdraft here in April.

C.: I’m afraid we’ve had to remind this customer and his wife several times that they must keep a sufficient balance to cover all outstanding checks.

S.: Will I have to learn to recognize all our customers’ signatures?

C.: Yes, you will. Any check we cash must have a genuine signature. But we keep a file of them that you can refer to.

S.: Will I be doing any posting of this ledger?

C.: No, I’m afraid. Not till you are employed in our bank.