Difference Between Balance Brought Down And Balance Carried Down

Balance Brought Down (Balance b/d) shows opening balances of Assets, Liabilities and Equity accounts transferred from previous accounting period while Balance Carried Down (Balance c/d) is the closing balances of Assets, Liabilities and Equity at the end of the current accounting period.

The balance carried down interacts with balance brought down when ending or closing balances of Permanents Accounts become the opening balances on the next accounting period and these beginning balances are shown with balance brought down in the specific ledger accounts.