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I tend to get confused with the balance c/f and b/f and as the chapters are progressing with this concept involved i am finding it difficult to understand
any tips on how to start practising or specific lectures for it .?Lets start with terms:
Balance C/f stands for Balance Carried Forward.
Balance B/f stands for Balance Brought Down.Balance c/f are those closing balances (or balancing amount) at the end of the month that you wish to carry forward to next month or Previous balance on an account which is carried over to the next billing period.
Balance b/f is the balance or amount that was brought forward from last month or billing period and is usually the opening balance of the ledger account.
Eg. If £100 is closing balance or carried forward balance at 30/11/20×6, then in the next month, on 01/12/20×6, the B/f amount (or opening balance) would be £100.
I am so confused with disposal and revaluation any lecture regarding with that chapter or solution please!!
Why on earth do you not watch our free lectures? They are a complete free course for Paper F3 and cover everything needed to be able to pass the exam well (including obviously disposals and revaluations!)
If you go to the main F3 page on this website (by selecting ‘ACCA’ on the top bar and then selecting ‘F3’) you will find links to all of our free resources.
(And please start a new thread when you are asking about a different topic – this has nothing to do with balances c/f and b/f)
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