The most important thing that you need for setting AC balance is a dummy load capable of dissipating over 35W of power. I recommend (2) 8 ohm 50W or higher resistors, one connected across the C and 8 ohm terminals of each channel. In a pinch you can use a smart phone app to generate a test signal as long as you have the ability to convert its headphone output to RCA and you have variable volume control, I just use 1Khz. The idea is to drive the amp close to rated power and balance the signal to the output tubes so that the bias needle (Current Measurement) reaches the balance dot in both positions. The manual says you can short the C and 16 ohm taps for this adjustment but I would not recommend that, the risk of damaging something is too high. An oscilloscope is not needed at all for this adjustment.
If you do not have a dummy load I would suggest that you set both pots to center (equal ohms from the wiper to each leg) and leave it like that.
When I make the AC balance adjustment I first set it with the service manual method and then tweak it for optimal performance with a distortion analyzer. It helps to "hang" the front of the amp over the bench a bit so that you can reach the AC balance adjustments while reading the meter and manipulating the bias switch.
If you do not have a dummy load I would suggest that you set both pots to center (equal ohms from the wiper to each leg) and leave it like that.
When I make the AC balance adjustment I first set it with the service manual method and then tweak it for optimal performance with a distortion analyzer. It helps to "hang" the front of the amp over the bench a bit so that you can reach the AC balance adjustments while reading the meter and manipulating the bias switch.