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Subjects>Business>Accounting

What was average Bank clerk salary in 1966?

Updated: 9/14/2023

Wiki User

∙ 15y ago

Best Answer

Minimum wage back in 1966 was about $1.40-1.44 a hour.

If you'd do the math, it wasn't alot.

Wiki User

∙ 15y ago

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Continue Learning about Accounting

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[Debit] Accrued salary payable [Credit] Cash / bank

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A salary bank account or a salary account as it is more commonly called, is nothing but a regular bank account but one in which your employer will credit your monthly salary/paycheck every month. If you have a salary account with a bank, banks usually provide you with additional facilities like 0 balance account, credit cards, overdraft facilities etc.

What is the work of bank clerk?

There are different types of bank clerk jobs so the work that you will be doing can vary. For example, if you are a loan clerk, your job will be to record and organize loan details. If you are a statement clerk, your role will be to process monthly balance sheets for customers who hold a checking account.

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