Question
a. Identify the correct BOP account (for South Africa) for each of the following transactions. Mention if it is a credit or a debit transaction
a. Identify the correct BOP account (for South Africa) for each of the following transactions. Mention if it is a credit or a debit transaction in the account you identify
i. A Zimbabwean parent pay for their daughter to study at a South African University. (1.5 Marks)
ii. A South African firm pays the salaries of its workers working for its Ghanaian subsidiary. (1.5 Marks)
iii. A South African University gives a tuition bursary to a continuing Namibian student. (1.5 Marks)
iv. A smuggler who smuggles merchandise to South Africa, receives a suitcase of cash and flies back to his country. (1.5 Marks)
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