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Japanese investors sell $50 million worth of U.S. Treasury bonds which they now own to people in the U.S. Please determine the account type and
Japanese investors sell $50 million worth of U.S. Treasury bonds which they now own to people in the U.S. Please determine the account type and country of each credit and debit entry. Answer 1 if the account type is Current Account. Answer 2 if the account type is Capital Account. Answer 3 if the account type is Financial Account. Answer 4 if the account type is Official Reserve Account. For the U.S., this transaction is recorded in the account as - (Debit or Credit) For Japan, this transaction is recorded in the account as (Debit or Credit)
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