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2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Antonio orders 50 cases of beer from
2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Antonio orders 50 cases of beer from a Dutch distributor at a price of $40 per case. 2. A U.S. company sells 300 axles to a Spanish company at $15.00 per axle. 3. Dmitri, a U.S. citizen, pays $1,100 for a laptop he orders from Mack (a U.S. company). Complete the following table by indicating how the combined effects of these transactions will be
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