What is Balance C/d & Balance B/d in ledger posting ?
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Answer:
Balance B/D – is the balance brought down as opening balance of a ledger pulled from the previous accounting period. Balance C/D – is the balance carried down as the closing balance of a ledger pushed to the next accounting period.
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Explanation:
Balance B/D – is the balance brought down as opening balance of a ledger pulled from the previous accounting period. Balance C/D – is the balance carried down as the closing balance of a ledger pushed to the next accounting period.
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