Question: Classify the following transactions by (1) specifying under which major account (current/capital-financial/reserves/errors) and which subcomponent of a major account (for current or capital-financial account only)
Classify the following transactions by (1) specifying under which major account (current/capital-financial/reserves/errors) and which subcomponent of a major account (for current or capital-financial account only) each transaction falls, (2) identifying countries involved and (3) correctly "crediting" or "debiting" to the two countries/self-rule regions involved. a) Canadian parents paid tuition fees for theif children to study in UK London School of Economics. b) US-based Tesla invessts in China to set up the e-car assemble plant. c) A Chinese billionaire succeeded in bidding for a work of art auctioned in Hong Kong. d) The Chinese government bought US Treasury bonds A French tourist did not declare the Canada Goose jackets she bought in Quebec ity to the French customs when returning to Paris
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