The items that would be placed in this account would depend upon the accounts of the bank. They might include service charges made in connection with the sale of bonds for a customer's account, or similar charges made for foreign and domestic checks sold to him, these checks drawn, of course, on other banks and used for the most part by travelers. Assume that the bank sells $4,000 Liberty Bonds for T. L. Arms at par, and that they credit his account for the proceeds, less commission which is 1/8 of 1%. The general ledger entries would be: