Question

Distinguish between sectional balancing and self-balancing.

Answer 1

Debtor's ledger and creditor's ledger serve only as memorandum books of account. Answer: DIFFERENCE BETWEEN SELF BALANCING AND SECTIONAL BALANCING. Under sectional balancing system only one trial balance is prepared in general ledger whereas self balancing system three separate trial balance is prepared in each ledger.O

Answer 2

Debtor's ledger and creditor's ledger serve only as memorandum books of account. Answer: DIFFERENCE BETWEEN SELF BALANCING AND SECTIONAL BALANCING. ... Under sectional balancing system only one trial balance is prepared in general ledger whereas self balancing system three separate trial balance is prepared in each ledger.