Which of the given options best describes the truthfulness of the following statements?

Statement -1: Under Self Balancing Ledger system each ledger is prepared under double entry system and a complete trial  balance can also be prepared by taking up the balances of ledger accounts.
 
Statement -2: Under Self Balancing Ledger system three ledger​-accounts  are prepared,viz,General Ledger Adjustment Account, which is maintained under Debtors Ledger and Creditors Ledger and Debtors or Sales Ledger Adjustment Account and Creditors or Purchase Ledger Adjustment Accounts, which are maintained under General Ledger.