The reason for this is to limit the number of entries in the nominal ledger : entries in the daybooks can be totalled before they are entered in the nominal ledger.
12.
The reason for this is to limit the number of entries in the nominal ledger : entries in the daybooks can be totalled before they are entered in the nominal ledger.
13.
If there are only a relatively small number of transactions it may be simpler instead to treat the daybooks as an integral part of the nominal ledger and thus of the double-entry system.
14.
A " double-entry bookkeeping system " is a set of rules for recording financial information in a financial accounting system in which every transaction or event changes at least two different nominal ledger accounts.
15.
The information from the daybooks will be used in the nominal ledger and it is the nominal ledgers that will ensure the integrity of the resulting financial information created from the daybooks ( provided that the information recorded in the daybooks is correct ).
16.
The information from the daybooks will be used in the nominal ledger and it is the nominal ledgers that will ensure the integrity of the resulting financial information created from the daybooks ( provided that the information recorded in the daybooks is correct ).
