Answered

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



Answer :

GinnyAnswer

Final answer:

Balance brought forward is the amount of money carried over from previous periods to the current financial period.


Explanation:

Balance brought forward refers to the amount of money you have from the previous statement period. It is the starting balance for the current financial period, which includes any funds carried over from previous periods.


Learn more about Accounting here:

https://brainly.com/question/33068790


Other Questions