Accounting · Self Balancing and Sectional Balancing
In which system is only a full account opened in the general ledger for each subsidiary ledger, with no control or adjustment account opened in the subsidiary ledger itself?
- 1Representative Ledger System
- 2Self-Balancing Ledger System
- 3Sectional Balancing System✓
- 4Sectional Adjustment System
Correct answer
Sectional Balancing System
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