Accountancy, asked by adinasheikh690, 5 months ago

write the difference between capital account and current

Answers

Answered by Braɪnlyємρєяσя

3

Explanation:

The current account represents a country's net income over a period of time, while the capital account records the net change of assets and liabilities during a particular year. ... The sum of the current account and capital account reflected in the balance of payments will always be zero.

Answered by Anonymous

0

Answer:

here's ur answer dude

Explanation:

The current account represents a country's net income over a period of time, while the capital account records the net change of assets and liabilities during a particular year. ... The sum of the current account and capital account reflected in the balance of payments will always be zero.

hope it helps

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