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please do it in 20 minutes please urgently... I'll give you up thumb definitely Suppose the McDonalds Corporation, a US company, imports Canadian beef, paying

please do it in 20 minutes please urgently... I'll give you up thumb definitely
Suppose the McDonalds Corporation, a US company, imports Canadian beef, paying for it by transferring the funds to a New York bank account kept by the Canadian beef producer. From US BoP point of view, The deposit of the funds by the seller will be recorded as a debit None of the other answers The purchase by McDonalds will be recorded as a credit The purchase by McDonalds will be recorded as a debit The deposit of the funds by the buyer will be credit

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