Objective: Master making entries in the Balance of Payments Accounts Explain how each of the following transactions generates two entries - a credit and a debit - in the American Balance of Payments Accounts, and describe how each entry would be classified. An American buys a share of German stock, paying by writing a check on an account with a Swiss Bank. An American buys a share of German stock, paying the seller with a check on an American Bank The South Korean government carries out an official foreign exchange intervention in which it uses dollars held in a American Bank to buy Korean currencies from its citizens. A tourist from Detroit buys a meal at an expensive restaurant in Lyons, France, paying with a traveler's check. A U.S.-owned factory in Britain uses local earnings to buy additional machinery