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Is the purchase of property recorded on the capital or financial account? (1 Viewer)

poptarts12345

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For example, a foreign investor purchases an agricultural property from Australia. Is this a credit on the capital or financial account?
 

#RoadTo31Atar

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Pretty sure it's FA, because it's related to foreign investment and FA records stuff associated with investment. Capital account is for non-financial non-produced assets, it's pretty small and irrelevant to HSC eco i think other than knowing it's part of BOP=CA+KAFA=0.
 

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