Question
Post each of the following transactions to Thailands Balance of Payments as a debit or a credit and identify whether each BOP transaction is a
Post each of the following transactions to Thailand’s Balance of Payments as a debit or a credit and identify whether each BOP transaction is a component of the Current Account, Capital Account, Financial Account or Official Reserve Account.
| Transactions | Debit/Credit | Account: Merchandise/Service/Net Investment Income/Unilateral Transfer/Capital/Financial/Official Reserves |
| Spending by Japanese tourists at Dream World | ||
| Investments in plant expansion in Bangkok by a Chinese firm | ||
| Sales of rice to Canada | ||
| Purchase of oil from Saudi Arabia | ||
| Hotel bills of Thai tourists in Paris | ||
| Remittances by Cambodians working in Thailand to relatives in Cambodia | ||
| Social Security payments to Thais living in Italy | ||
| Purchase by French of Thai stocks | ||
| Interest earnings on loans to Argentina | ||
| Increase in Thai bank loans to Mexico | ||
| Increase in holding of Japanese yen by the Bank of Thailand | ||
| Increase in Arab bank deposits in Bangkok | ||
| Economic aid to Pakistan | ||
| New investment in a German chemical plant by Thai Chemical Corporation | ||
| Deposits in Swiss banks by Thais |
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
