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Help me fill in the Balance of Payments Blanks! (1 Viewer)

Bells88

New Member
Joined
Apr 10, 2012
Messages
29
Gender
Female
HSC
2012
I'm having a bit of trouble figuring which is which, and I'm hoping some BoSers can help me!

If an Australian bank borrowed money from another country this would be a credit on the ________(Current Account/Capital & Financial Account). When they repay the loan, the interest paid overseas would be a debit on the _______(Current Account/Capital & Financial Account), while the repayment of the principal would be a debit on the _________(Current Account/Capital & Financial Account).

Any help is appreciated guys!
 

loapowm

Banned
Joined
Aug 1, 2012
Messages
291
Gender
Female
HSC
2012
I'm having a bit of trouble figuring which is which, and I'm hoping some BoSers can help me!

If an Australian bank borrowed money from another country this would be a credit on the ________(Current Account/Capital & Financial Account). When they repay the loan, the interest paid overseas would be a debit on the _______(Current Account/Capital & Financial Account), while the repayment of the principal would be a debit on the _________(Current Account/Capital & Financial Account).


Any help is appreciated guys!
From memory
 

asadass

Member
Joined
Oct 8, 2011
Messages
367
Gender
Male
HSC
2012
Uni Grad
2017
I'm having a bit of trouble figuring which is which, and I'm hoping some BoSers can help me!

If an Australian bank borrowed money from another country this would be a credit on the ________(Current Account/Capital & Financial Account). When they repay the loan, the interest paid overseas would be a debit on the _______(Current Account/Capital & Financial Account), while the repayment of the principal would be a debit on the _________(Current Account/Capital & Financial Account).
.
 

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