Balance Brought Down Journal Entry
T he Bala nce Brought Dow n also written as “ Bala nce b/d” in t he Ledger Account is actually s hows the Bala nce Carried Down ( Bala nce c/d) of Permanent Accounts i.e., Assets , Liab ilities A nd Equity transferred from previous accounting period to next or new accounting period. Balance Brought Down (Balance b/d) Journal Entry T he b ala nce b rought dow n journal entry s hows the ope ning entries of assets, liab ilities a nd equity w hich are just tra nsferred to new accounting period wit h previous accounts’ b ala nces. T he com b i ne jour nal entry for t h ese accounts is s how n b elow: Assets a/c XXX ...