I have to complete an accounting cycle and I'm quite lost on the general ledger. I don't understand what this balance forward stands for or represents.

CASH
Date	Description	Debit	Credit	Balance
Jan. 1	Balance forward	1,000,000	-	1,000,000
Jan. 1			200,000	800,000
Mar. 15			30,000	770,000
Apr. 15			20,000	750,000
Apr. 30		100,000		850,000
June 15			50,000	800,000
June 30			20,000	780,000
June 30			10,000	770,000
June 30			30,000	740,000
Aug 1		200,000		940,000
Sept. 15			40,000	900,000
Sept. 30			20,000	880,000
Sept. 30			30,000	850,000
Dec. 1		50,000		900,000
Dec. 31			20,000	880,000
				880,000
				880,000