The short answer is Yes. Not sure what else I can suggest to provide more help without knowing what problems you are having when you try to set this up...
I am able to select the second layout & enter information into the fields, but am unsure how to see all the instances of information entered. If several records are created in this second layout, how to I access them?
Records are stored in tables, not the layouts that refer to them. If both layouts list the same records, then the records created on one layout may be displayed on the other.
What tables have you defined here? If you have more than one table, how are they related to each other?
I'm not sure from your posts, but it may be that you need to specify View as List or View as Table for your second layout so that you can see data from more than one record at a time...
Thanks! That answered my question perfectly.