Explain the books of account generally kept by the Bank.

Banks maintain a variety of books of accounts to ensure the accurate recording of all transactions, regulatory compliance, and financial transparency. These books play a critical role in managing the bank’s financial records and maintaining operational efficiency.

The primary books of accounts generally kept by a bank include:

1. Journal: The journal is used for recording all the bank’s daily transactions in chronological order. This includes all types of transactions such as deposits, withdrawals, transfers, loans, and interest charges. The entries are then posted to the respective ledgers ___ ____ _______ ______ _________ _________ ________ ____ ___ _________.
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