a companys trade payable in trial balance as at 30 september 2000
shows balance c/d – 11900 and balance b/d- 14000 what was the balance for trade payable in the trail balance at 1october 2000 ?
sir the answer should be 11900 cr because next month this c/d comes as b/d in next month ? am i correct sir ? but answer is given as 14000 cr . iam not understanding the logic behind this . 🙁
You are correct in saying that the balance carried down becomes the balance brought down. From what you have typed it seems like you are correct, but without seeing the whole question I cannot be certain.