Double-entry bookkeeping 2: books of prime entry, accounting systems
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The nominal ledger presents the books of prime entry of an organisation.
True
correct
incorrect
False
correct
incorrect
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The nominal ledger presents all the accounts of an entity.
True
correct
incorrect
False
correct
incorrect
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The nominal ledger is a book of prime entry.
True
correct
incorrect
False
correct
incorrect
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The nominal ledger lists each and every individual purchase and sales ledger balance.
True
correct
incorrect
False
correct
incorrect
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The nominal ledger is the record upon which the trial balance is based.
True
correct
incorrect
False
correct
incorrect
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