What is Sectional Balancing? How does it differ from Self-balancing? Give proforma of a Total Debtors Account. 

What are Adjustment Accounts? Give journal entries necessary for self-balancing the General Ledger. 

Explain briefly flow Debtors Ledger is made Self-balancing, How do you deal with a transfer entry from one personal ledger to another? 

What do you understand by Self-Balancing System? State its advantages. 

Name the source of relevant data in case of each of the following items:

i.Credit Sales

ii.Discount Allowed

iii.Interest Charged by u creditor

iv.Payment to creditors ,

v.Rill Accepted

vi.B/R Dishonored

vii.Refund to a debtor

viii.Purchases Returns 

What is the main purpose of Sectional Balancing?

Name the three ledgers usually kept under Multiple Ledger System

What is a self-balancing system?

Name the two control accounts opened under Sectional Balancing System.