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From: Gran <abg1953@hotmail.com>
Newsgroups: alt.languages.english
Subject: Re: c/fwd balance?
Message-ID: <0t3gp19uudk272v4susba8m9qtugrr86ih@4ax.com>
References: <dn7lar$26t$1@nemesis.news.tpi.pl> <slrndpfqnu.vs.chris@ccserver.keris.net>
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Date: Thu, 08 Dec 2005 10:49:31 GMT
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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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