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What is the difference between b/f or b/d balance?.

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MiaandPili1520GO

Answer:

The difference between B/F balance and B/D balance is B/F Balance means Balance Brought Forward. B/F is the balance pulled forward from the previous years/month balance in the company's journal. Whereas, B/D Balance means Balance Brought Down as the opening balance of a ledger pulled from a previous period.

Explanation:

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