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WAEC Accounting 2012 Objective — Question 32

Question 32 of 50 from the West African Examinations Council (WAEC) Accounting 2012 Objective paper, with the correct answer and a full explanation.

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Which of the following is not found in the personal ledger?

  • A. Debtors Account
  • B. Creditors Account
  • C. Capital Account
  • D. Nominal AccountCorrect

Explanation

Nominal account is not found in a personal ledger, which contains debtors, creditors and capital accounts.

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