The main books of account maintained by Lovelace and Co consists of a Cash Book (CB) and four ledgers as follows: Nominal ledger (NL), General ledger (GL), Receivables ledger (RL) and Payables ledger (PL).

Names of accounts

(a) Electricity account

(b) Plant and machinery account

(c) Timothy Ltd, a customer

(d) Sales account

(e) Salaries and wages account

(f) Wren plc, a supplier

(g) Cash account

(h) Capital account

(i) Bad debts account (an expense)

(j) Depreciation account (an expense)

Required: 

Identify (by ticking the appropriate space on the grid) the ledger in which you would find each of the accounts named above.

Transcribed Image Text:

CB NL GL RL PL