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CD and BD carried down or brought down doubt help me
Accountancy
Dear friends , while preparing ledger account we are using To balance b/d By balance c/d Which means brought down and carried down Actually it means what??? Plse explain And how can I found...some ledger ac b/ d will in debit side sometimes it will in credit side Why it changings??? Explain me
Answers (5)
Brought down means bringing the closing balance of that ledger in the Previous FY to the current FY. if it has a debit balance (Assets and Losses) To b/d or has a credit balance (Equity and liability) By B/d. Carried down means the closing balance in the current FY is carried to Next FY if it is assets and losses, then By C/d, or if it is equity and liabilities, then To C/d.
B/d - means the opening balance - brought down - For A/cs with debit balances - To balance b/d - For A/cs with credit balances - By balance b/d C/d - means the closing balance - carried down - For A/cs with debit balances - By balance c/d - For A/cs with credit balances - To balance c/d
Varshaa M
B/d - means the opening balance - brought down - For A/cs with debit balances - To balance b/d - For A/cs with credit balances - By balance b/d C/d - means the closing balance - carried down - For A/cs with debit balances - By balance c/d - For A/cs with credit balances - To balance c/d
Dear friend ,for an example IAM going to prepare plant and machinery a/c In this ledger account which side it will be glance b/d comes??? Which side c/d comes??
Thread Starter
MPR Sanjay KumarDear friend ,for an example IAM going to prepare plant and machinery a/c In this ledger account which side it will be glance b/d comes??? Which side c/d comes??
First, we should know identify if that A/c is a debit balance a/c or a credit balance a/c. In this case, the Plant & Machinery A/c is an Asset A/c. We have learnt that assets always show debit balance. So, for debit balance a/cs, Balance b/d will be on debit side ("To balance b/d") and Balance c/d will be on credit side ("By balance c/d").
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