A ledger which holds all the nominal accounts of a business. Where the business uses a subsidiary ledger like the sales ledger to hold customer details, the nominal ledger will usually include a control account to show the total balance of the subsidiary ledger (a control account can be termed 'nominal' because it doesn't relate to a specific person).
As the parade of corporate scandals increasingly lengthens, and the numbers on the sidelines waving bye to their stock options, 401Ks, savings and livelihoods increases, let's try a positive spin.&... [ more... ]
That's one problem that I have with the way that attorneys negotiate-they're very confrontational negotiators. You get that white envelope in the mail with black, raised lettering in the top left h... [ more... ]