3. The table below shows entries in CA and FA of Home country. 3.a. Answer...
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Accounting
3. The table below shows entries in CA and FA of Home country.
3.a. Answer Homes capital account balance.
3.b. Home county did the additional transactions below.
(a) Home country exported wheat (worth 500) to Foreign country. (b)
Homes citizen purchased Foreign government bonds and paid 90.
Add these to the table above and answer Homes new CA balance and new FA balance. Do not forget their counter entries.
CA:
FA:
Credit Debit CA 870 750 FA 8100 7090
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