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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

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MissPhiladelphia
I believe the correct answer from the choices listed above is option C. A balance brought forward would be the amount of money you have from the previous statement period. It is the previous balance on an account which is carried over to the next billing period. Hope this answers the question.

Answer:

Option C

Step-by-step explanation:

Balance brought forward- If your previous balance is already present and you have to forward that situation in future or start an account with balance from previous is a balance brought forward.

From the given option : Option C is the situation of balance brought forward

The amount of money you have from the previous statement period- In this situation there is a link of previous statement therefore it is a balance brought forward.

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