Question
3. Consider transactions below. Regarding their direct entries, answer in which account of Home country's balance of payments they are recorded and if they are
3. Consider transactions below. Regarding their direct entries, answer in which account of Home country's
balance of payments they are recorded and if they are recorded as credit or debit. Regarding their counter
entries, answer in which account of Home country's balance of payments they are recorded and as credit or
debit.
3.a. Foreign country imported computers from Home country. The value is 200.
Direct entry: Account: Credit or Debit?
Counter entry: Account: Credit or Debit?
3.b. A Foreign citizen cut her hair in a barber in Home country. The value is 10.
Direct entry: Account: Credit or Debit?
Counter entry: Account: Credit or Debit?
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