The official settlements balance or balance of payments is the sum of the current account balance and the capital account balance.
举一反三
- An account balance is the difference between the debits and credits for an account including any beginning balance.
- 概念题:经常账户余额(current account balance)
- When preparing a budgeted balance sheet, the balance in the cash account is found on the ________.
- 6. Official debt forgiveness should be recorded in financial account of the balance payments.
- Net profit is calculated in the A: Trading account B: Profit and loss account C: Trial balance D: Balance sheet