Balance Brought Down Journal Entry

The Balance Brought Down also written as “Balance b/d” in the Ledger Account is actually shows the Balance Carried Down (Balance c/d) of Permanent Accounts i.e., Assets, Liabilities And Equity transferred from previous accounting period to next or new accounting period.

Balance Brought Down (Balance b/d) Journal Entry

The balance brought down journal entry shows the opening entries of assets, liabilities and equity which are just transferred to new accounting period with previous accounts’ balances.

The combine journal entry for these accounts is shown below:

                                                       Assets a/c  XXX

                                                                         Liabilities a/c  XXX

                                                                         Equity a/c   XXX

                          (Opening Of balances Transferred from Previous Accounting Period)