Question
  1. The sale of IBM computers in France will be recorded as a:

    credit item on the current account.

    debit item on the current account.

    credit item on the capital account.

    debit item on the capital account.

    credit item on the official reserves account.

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Answer #1

please find below the solution.. let me know if you need any clarification..

correct answer is option : credit item on the current account.

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