Closing Balance

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Definitions
Carried Down (**c/d**)
Carried Down C/D Book-Keeping Accounting Opening Balance Closing Balance Financial Statements
In book-keeping, 'carried down' (**c/d**) refers to an amount that is to be transferred as the opening balance in the next accounting period.
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Definitions
Closing Balance
Closing Balance Accounting Period Balance Sheet Accrual Prepayment Debit Balance Credit Balance
The debit or credit balance on a ledger at the end of an accounting period, which will appear on the balance sheet at that date and be carried forward to the next accounting period.
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