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Nominal codes are general ledger codes used to record a business’s daily financial transactions. These transactions are processed through bookkeeping, posted to the general ledger, and included in the Trial Balance. Businesses also assign account codes to customers and suppliers to make identification easier. Each business follows a set system for allocating these codes, which ... Read Morehttps://www.thetrainingplace.org/blog/wp-content/uploads/2025/12/image-40.png492219