Balance b/f意思

"Balance b/f" is an accounting term that stands for "Balance brought forward." It refers to the balance that is carried over from the previous accounting period to the current period. This balance is typically shown at the beginning of the current period's financial statements, such as the balance sheet or income statement.

The balance brought forward represents the ending balance from the previous period, which becomes the starting balance for the new period. It is used to show the continuity of a company's financial position over time and to ensure that the financial statements for each period are complete and accurate.

For example, if a company has a balance of $10,000 in its cash account at the end of the first quarter, this balance would be carried forward to the beginning of the second quarter. The balance sheet for the second quarter would show a cash balance of $10,000, with a note that this amount is the balance brought forward from the first quarter.