21 Font: 15)-Given the following $ (dollar) entries, compute the various balances. Credit entries are designated...
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21 Font: 15)-Given the following $ (dollar) entries, compute the various balances. Credit entries are designated by a (+) and debit entries are designated by a (-). Merchandise Exports- +60 Merchandise Exports=-55 Service Exports- +70 Service Imports -60 Investment Income (net) +5 U.S. Government Gifts to Foreigners--25 US. Direct Investment Abroad=-10 Foreign Direct Investment in USA= +5 Foreign Securities Bought by U.S.=3 U.S. Securities Bought by Foreigners= +10 SDR Allocation=+5 Non-Liquid Private S-T Capital Flows (net)=-8 Liquid Private S-T Capital Flows (net)=+7 Official S-T Capital Flows (net)- +5 Change in U.S. Official Reserve Assets The Balancing Account Errors and Omissions--10 Calculate a) The Merchandise Balance b) Net Unilateral Transfers c) The Current Account balance d) Net Long-Term Capital Flows e) Basic Balance f) Net Liquidity Balance g) Official Reserve Transactions Account Balance h) U.S. Official reserve Assets 153 words 02 ype here to search 21 Font: 15)-Given the following $ (dollar) entries, compute the various balances. Credit entries are designated by a (+) and debit entries are designated by a (-). Merchandise Exports- +60 Merchandise Exports=-55 Service Exports- +70 Service Imports -60 Investment Income (net) +5 U.S. Government Gifts to Foreigners--25 US. Direct Investment Abroad=-10 Foreign Direct Investment in USA= +5 Foreign Securities Bought by U.S.=3 U.S. Securities Bought by Foreigners= +10 SDR Allocation=+5 Non-Liquid Private S-T Capital Flows (net)=-8 Liquid Private S-T Capital Flows (net)=+7 Official S-T Capital Flows (net)- +5 Change in U.S. Official Reserve Assets The Balancing Account Errors and Omissions--10 Calculate a) The Merchandise Balance b) Net Unilateral Transfers c) The Current Account balance d) Net Long-Term Capital Flows e) Basic Balance f) Net Liquidity Balance g) Official Reserve Transactions Account Balance h) U.S. Official reserve Assets 153 words 02 ype here to search
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A merchandise balance60555 Bnet unilateral transfer25 C c... View the full answer
Related Book For
Integrated Accounting
ISBN: 978-1285462721
8th edition
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
Posted Date:
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