Final answer:
The balance carried forward is calculated by adding the deposit of $62.43 to the previous balance of $515.88 and then subtracting the check amount of $21.87, resulting in a final balance of $556.44.
Step-by-step explanation:
To calculate the balance carried forward, we need to take the previous balance, add any deposits, and subtract any checks. Here, our starting balance Previous Balance Brought Forward is $515.88. A deposit of $62.43 has been made, which we add to the balance, and a check for $21.87 has been issued, which we subtract.
- Starting balance: $515.88
- Add deposit: $515.88 + $62.43 = $578.31
- Subtract check: $578.31 - $21.87 = $556.44
The balance carried forward is $556.44 after rounding to two decimal places.