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The accounts maintained in the nominal ledger are

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Accounts - Principles of Accounts WAEC 2023

The accounts maintained in the nominal ledger are

  • liabilites and capital
  • assets and liabilites
  • income and capital
  • expenses and income checkmark

The correct answer is: D

Explanation

Nominal accounts are accounts in which income and expenditure are recorded. It relates to gains, losses, income, expenses e.g discount accounts, sales accounts etc.

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