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Category > Accounting Posted 26 Apr 2017 My Price 2.00

Suppose that the U.S. government sells old warships

Suppose that the U.S. government sells old warships worth $300 million to Japan, and Japan’s government pays for them with its official holdings of dollar assets.

How is this transaction recorded in the U.S. balance-of-payment accounts?

 

 

Answers

Alpha Geek
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Status NEW Posted 26 Apr 2017 10:04 AM My Price 2.00

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file 1493202197-Answer.docx preview (86 words )
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