what is meaning of setoff?

This query is : Resolved 

26 May 2010 dear sir,

i read in ca club "set off" word what is this meaning ?

will u explain?

rahul

26 May 2010 It means 'To counterbalance, counteract, or compensate for'

27 May 2010 i not understandsir,
please explain me in simple language.
in waiting your valuable answer.

Rahul


28 May 2010 To maintain equality it compensate the distribution i.e if you get 190 in grp 1 and 210 in the other, it compensates the lower marks, and allows you to club both the score to 400 by giving setoff.






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