On Thu, 8 Dec 2005 08:12:46 +0000, Chris Croughton
<chris@keristor.net> managed to type:
>On Wed, 07 Dec 2005 22:47:15 +0100, Adam Dyga
> <adeon@NOOOSPAMtlen.pl> wrote:
>
>> What does "c/fwd balance" stand for?
>
>"Carried forward". I assume that this is on a bank account statement or
>similar, the 'balance' is the amount remaining in the account (or for a
>loan the amount outstanding), and at the end of a statement period the
>then-current balance is "carried forward" to the next statement to be
>the starting value for that period.
>
>Chris C
If it's at the start of a statement it would be b/fwd balance - as in
the balance brought forward from a previous statement or account.
C/Fwd (carried forward) is usually at the bottom of the statement /
account and will then be the same as the b/fwd on the start of the
next statement / account.
--
Gran
~
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