Question

what is mean by balance b/d and balance c/d​

Answer 1

Answer:

Balance b/d stands for 'brought down' — the one carried forward from the previous accounting period, an opening balance is referred to by this. ... Balance c/d stands for 'carried down' — the one carried down from the ledger to the next accounting period, a closing balance is referred to by this.

Explanation:

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Answer 2

Answer:

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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. If Debit side > Credit side it is called Debit Balance.