Question

Capital account on each side there are ... Columns fir account

Answer 1

Answer:

Explanation:

Capital Account meaning with example: In the field of international trade and commerce, these two terms - current account and capital accounts - are widely used.

Capital Account meaning with example: In the field of international trade and commerce, these two terms – current account and capital accounts – are widely used. Both of them relate to trade and business dealings of a nation with others. Wondering how does a Capital Account work? Let’s consider the following. While capital account deals with the change in ownership of a country’s assets, the current account reflects the change in a country’s net income. These two accounts – capital and current – together form the balance of payments or BoP of a country. When we refer to balance of payments, this refers to the record of all commercial transactions between a country along with the rest of the world. The country, in this context, includes the government, private entities and citizens.