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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


2 Answers

4 votes

Answer:

The answer is C

Step-by-step explanation:

User Szilard Barany
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Balance carried forward. Previous balance on an account which is carried over to be next billing period. Depending on the account terms, additional fees may be accessed if the total balance carried forward exceeds a certain amount.
User Encc
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