On a Balance Forward statement, each invoice and credit during the statement period is listed.
Here is an example of a Balance Forward statement:
Invoices and Credits
Each invoice and credit during the statement period is listed by date, along with due date, reference, total invoice amount, and running balance forward.
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Finance Charge
If a finance charge is applied, it is listed below the invoices and credits.
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Aging Periods
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Total Due
The total due on the account is shown.
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Previous Balance
The previous balance shown is the unpaid amount carried over from the previous statement.
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