Question 3 a. What are the current account, financial account and balance sheet accounts? How are they useful in the system of national accounting? What are some items recorded under each account? 12 marks b. Using the transactions below, make the necessary entries into Austria's System of National Account mentioned in 3a: 1. Austria pays US $5500 to a telecommunication company in Trinidad and Tobago. 4 marks 2. Austria purchase US$2000 in goods and services from the USA. 4 marks