Question

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 1

c. The amount of money you have from the previous statement period

Explanation: "Balance brought forward" (or "balance b/f") is the closing balance from the prior statement that is carried into the current statement period.