Bal b/f意思

"Bal b/f" is a term commonly used in accounting and it stands for "Balance brought forward." It refers to the process of carrying over the ending balance of an account from the previous accounting period to the beginning of the current accounting period. This is typically done when preparing financial statements, such as balance sheets and income statements, to show the continuity of a business's financial activities over time.

For example, if a company has a cash balance of $10,000 at the end of the fiscal year, and they are preparing their financial statements for the next fiscal year, they would include this $10,000 as the "bal b/f" or beginning balance for the cash account in the new year.

The term "bal b/f" can be used in various contexts within accounting, including individual accounts on a general ledger, specific line items on financial statements, or even as a summary of the opening balances of all accounts.