what is a \balance brought forward?\ a. the amount of money you transfer from another checking account b…
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 please select the best answer from the choices provided
Answer
Brief Explanations:
In accounting, a balance brought forward is the amount of money carried over from the previous statement - period to the current one. It is not about transfers from other accounts, future debts, or the opening - amount.
Answer:
C. The amount of money you have from the previous statement period