The Balance of payment account of a
country is based on the principle of
book-keeping.
single entry
double entry
petty cash
accrual ac
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Answer:
Book Keeping
Explanation:
The balance of payments account of a country is constructed on the principle of double-entry book-keeping. ... from foreigners, borrowings from abroad, investments by foreigners in the country and official sale of reserve assets including gold to foreign countries and international agencies.
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