| 1. | From these nominal ledger accounts a trial balance can be created.
|
| 2. | The trial balance lists all the nominal ledger account balances.
|
| 3. | Double entry is used only in nominal ledgers.
|
| 4. | The double entry system uses nominal ledger accounts.
|
| 5. | Each nominal ledger account will hold either a debit balance or a credit balance.
|
| 6. | Each nominal ledger account is unique, which allows its ledger to be located.
|
| 7. | Another column will contain the name of the nominal ledger account describing what each value is for.
|
| 8. | This list will contain the name of each nominal ledger account and the value of that nominal ledger balance.
|
| 9. | This list will contain the name of each nominal ledger account and the value of that nominal ledger balance.
|
| 10. | It is not used in daybooks ( journals ), which normally do not form part of the nominal ledger system.
|
मोबाइल