Banking Exam Question - What is Day Book? Use of Day Book in Banks & It's Format.

Introduction - Day Book & It's Use in Banks

Bookkeeping book of unique section in which exchanges (such deals as well as buys) are entered on the day they happen, for later presenting on the proper ledger(s). 

DAY BOOK. It is brought in a few banks the money book, or state book. At a little branch one book gets the job done, and it contains a record of all the day's exchanges. The sections on the got side, in addition to the adjust presented from yesterday, adjust with the passages on the paid side and the adjust of money available at the end of to-day. In a substantial branch there might be backup day snares for current records, as might be discovered fundamental, for exchange things, and so forth., and the aggregates of these books are brought into a day by day outline book.