Accountancy, asked by Punam1011, 1 year ago

What do you mean by sectional balancing ? 6+6 how does it differ from self-balancing ?

Answers

Answered by amanpathak8833
0

Answer:

sectional balancing is maintain for debtors and creditors in the business.

in this balancing we have to make GLA ACCOUNTS

self balancing is just opposite of sectional

in this balancing we have to balance our own account and match to other which is financially attached in any financial condition

like we doing bussiness and we purcjase raw materials from xyz.ltd company so we maintain that company's account with our company's account

Similar questions