Question

Capital account balance is a__ balance​

Answer 1

Answer:

The fixed capital account always shows a credit balance since the fixed capital presents a physical asset which helps in the production of the products rather than involving in the production process.

Explanation:

The capital account, in international macroeconomics, is the part of the balance of payments which records all transactions made between entities in one country with entities in the rest of the world. ... In accounting, the capital account shows the net worth of a business at a specific point in time.

Answer 2

Answer:

Capital account balance is a money balance