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Question: The Spanish orchard deposits half the proceeds in a eurodollar account in London Ans: A debit to the income receipts/payments of the British current

Question: The Spanish orchard deposits half the proceeds in a eurodollar account in London

Ans: A debit to the income receipts/payments of the British current account; a credit to the income receipts/payments of the Spanish current account

Dear Sir/ Miss, I do not understand why it is debited to British, isn't they deposited in London?

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