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Ledger account is mainly classified into?

Accounts - Principles of Accounts
JAMB 2010

Ledger account is mainly classified into?

  • A. nominal, real and personal accounts
  • B. fixed and current accounts
  • C. management, financial and public sector accounting
  • D. bank and cash accounts
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Correct Answer: Option A
Explanation

General Ledger is divided into two types – Nominal Ledger and Private Ledger.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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