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nominal ledger

Line breaks: nom|in¦al ledger

Definition of nominal ledger in English:

noun

Finance
A ledger containing nominal accounts, or one containing both nominal and real accounts.
Example sentences
  • Foreign currency transactions are accepted in all modules, including bank and nominal ledgers.
  • In order to meet the reporting requirements of public companies laws, only the available nominal ledgers were used to produce published financial statements.
  • These details were recorded in hand written journal entries on a weekly basis and inputted onto nominal ledgers.

Definition of nominal ledger in:

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