VPRS 4674 Imprest Ledger

The Central Roads Board (VA 2803) was established circa March 1853 with responsibility for the formation, construction, improvement, management and maintenance of proclaimed main roads and bridges and for the co-ordination of the works undertaken by the District Road Boards. The primary officers were the Secretary, Treasurer and an Inspector-General of Roads. The Central Roads Board was abolished on 1 January 1858 and succeeded by the Department of Roads and Bridges (VA 2964) which operated under the statutory control of the Board of Land and Works (VA 744).Ledgers comprise one or more accounts, each account being a statement of all transactions relating to a particular item about which the recording of changes debit and credit transactions is required. Transactions are posted to the ledger accounts from the cash books and journals. The source of the information is subsequently indicated by reference to folio numbers often accompanied by an abbreviation of the source record eg. C or CB for Cash Book, J for Journal, PC for Petty Cash Book etc. The classification of accounts is diverse and usually depends on the operations of the agency and the nature of the information required as part of the financial statements of the agency.Subsidiary ledgers are often maintained either to facilitate a division of responsibilities within a large account, or to provide a separate record of a particular account.