2007-09-13 15:01:36 · 6 answers · asked by Anna S 1 in Business & Finance ➔ Personal Finance
In personal finance, this term is most often seen in a check register. The balance at the end of a page is carried to the beginning of the next page. Balance Forward is usually how this number is labeled.
dondatu's answer is also correct.
2007-09-13 15:41:11 · answer #1 · answered by STEVEN F 7 · 2⤊ 0⤋
Balance Forward
2016-10-04 08:22:51 · answer #2 · answered by nembhard 4 · 0⤊ 0⤋
It's the balance that's left after all transactions have been accounted for. Example - beginning balance = $10, less $2, plus $3, less $7 - the balance forward would be $4.
2007-09-13 15:07:53 · answer #3 · answered by mom2katben 2 · 3⤊ 0⤋
Some companies send you monthly statements. If last month you started the month owing 20, you charged 30 on your account, and you paid 15, then 35 is the ending balance, or the balance forward. Next months statement will start with the 35 and then show the new payments and charges.
2007-09-13 15:17:00 · answer #4 · answered by hottotrot1_usa 7 · 1⤊ 0⤋
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RE:
what does balance forward mean?
2015-08-12 22:43:06 · answer #5 · answered by ? 1 · 0⤊ 0⤋
In closing books of accounts or opening a new ledger it mean a carry forward amount from the previous transactions that serves as your beginning balance for the new ledger or new period.
2007-09-13 15:11:54 · answer #6 · answered by dondatu 3 · 2⤊ 0⤋
In most cases, it means the old balance (like on a bill or checking account) that remains and is "brought forward" to the current date.
2007-09-13 15:09:53 · answer #7 · answered by united9198 7 · 0⤊ 0⤋
well from previous month a car payment, say you didnt pay the full amount. the balance would be combined with next month statement. just one example
2007-09-13 15:07:37 · answer #8 · answered by just hanging around 5 · 0⤊ 0⤋
carry over
2007-09-13 15:09:16 · answer #9 · answered by Anonymous · 1⤊ 0⤋