General ledger is further divided into two categories namely:

CS Executive · Corporate and Management Accounting · PYQS · June 2023
General ledger is further divided into two categories namely:
(A) Debtors' Ledger and Creditors Ledger
(B) Cash Book and Cash Account
(C) Nominal Ledger and Private Ledger
(D) Private Ledger and Public Ledger

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

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