It shall also be the duty of the village clerk to keep strict, accurate and detailed accounts of all the moneys and funds of the village, as well as of all the receipts, expenses, outlays, disbursements and expenditures thereof; the same to be so systematized and arranged under their proper title or heading that each separate fund and account will plainly and clearly show its own particular debit and credit, and to or from whom, when and on what account the same was received or paid out. (Prior code Ch. VI, § 8)