NOMINAL LEDGER Definition

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NOMINAL LEDGER is the account book showing expenditure on nominal accounts i.e. named business accounts such as postage, printing, etc.

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CASH ON HAND literally means coin, currency, and cash items on hand. It is not possible to have negative cash on hand.

GOING PUBLIC refers to those activities that relate to offering a private companys shares to the general investing public including registering with the SEC.

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