Find the amount of the balance forward that would result following these transactions: Starting balance: $2,959.55
March 9; check #701; to Liu Printing; amount of $188.30
Deposit: March 19; amount of $850.51
March 20; check #702; to Dreamscape Gardens; amount of $315.89
A) $3,305.87
B) $3,621.76
C) $2,771.25
D) $2,959.55

Question

Quizplus · Accepted Answer

The balance forward is calculated by starting with the initial balance, then subtracting and adding the transactions in order. Starting with $2,959.55, subtracting $188.30, adding $850.51, and subtracting $315.89 gives a final balance of $3,305.87.

Find the Amount of the Balance Forward That Would Result