Accountancy, asked by Melvin47, 1 year ago

what is capital account ?​

Answers

Answered by Anonymous
2

Explanation:

Capital Account records all international undertakings of assets. On the other hand, sale of assets like sale of the share of an Indian company to a Japanese customer is a credit on the capital account.

Answered by sakshsinha123
2

Answer:

In macroeconomics and international finance , the capital account is one of two primary components of the balance of payments , the other being the current account. whereas the current account reflects a nation's net income , the capital account reflects net change in ownership of national assets.

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