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What do you understand by Sectional Balancing How does it differ from Self Balancing?

importance of secyional balancing system


What is the differences between self balancing ledger and sectional balancing ledger?

Below self balancing scheme, change financial records are ready in every ledger but in sectional complementary scheme control the books are set only in General Ledger


What is Self-Balancing system in accounting?

Under the self-balancing system, it is possible to construct a complete trial balance from each ledger, debtors ledger, creditors ledger


What is self balancing ledger?

Self balancing ledgers is system in which two or more ledgers are balanced through making general or nominal ledger.


System to prepare self balancing form of ledger?

profit and loss


What are the advantages of gurukul system of education in India?

The advantage are there teacher make student self dependent


What the disadvantages and advantages of monitoring and control system?

it checks on an error and it will solve the fault by it's self


What are the uses of control accounts?

they are used for self balancing


What are the advantages of hypercube topology?

to provide good load balancing and good scalability.


What are the Advantages of self service system?

The advantages of a self-service system include increased customer convenience, reduced operational costs for businesses, and improved efficiency by freeing up staff to focus on more complex tasks. Additionally, self-service systems can provide a more personalized experience for users and allow for 24/7 accessibility.


What factors contribute to the maintenance of a steady state equilibrium in a dynamic system?

In a dynamic system, factors like feedback mechanisms, self-regulation, and external influences help maintain a steady state equilibrium by adjusting and balancing the system's components to counteract any disturbances or changes.


What advantages does a decimal money system have?

What advantages does a decimal money system have/?