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In Business / College | 2025-07-05

What is a "balance brought forward?"
A. The amount of money you transfer from another checking account
B. The amount of money you will owe in the future
C. The amount of money you have from the previous statement period
D. The amount of money you used to open your account

Asked by fernandoduran2626

Answer (1)

The balance brought forward is the amount of money you have from the previous statement period. It indicates your starting balance for the new statement cycle and is important for tracking financial transactions. The correct answer from the options given is C. ;

Answered by GinnyAnswer | 2025-07-05

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