Question: Double - entry bookkeeping means that for each transaction there is a credit and a debit entry. q , record activities that bring payments into
Doubleentry bookkeeping means that for each transaction there is a credit and a debit entry. record activities that bring payments into a country; record activities that involve payments to the rest of the world.
Debits; payables
Debits; credits
Payables; credits
Credits; payables
Credits; debits
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