in this
ledger one can see how much was
banked, how much was drawn out of the
bank, what the
income was, what the
money was spent on, and how much you have in the
bank. In other words, you have all your
money affairs condensed into eight sheets of paper instead of
spread over thousands upon thousands of invoices, vouchers,
checks and other pieces of paper of
different types.
(HCO PL 10 Oct 70 I)