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Suppose a US based law firm earns a consulting fee from one of its clients in Spain. How would this transaction be recorded in the

Suppose a US based law firm earns a consulting fee from one of its clients in Spain. How would this transaction be recorded in the US balance of payments?

a. a credit to the service account

b. a debit to the service account

c. a credit to the capital account

d. a debit to the capital account

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