The ________ records transactions involving the purchase and sale of assets.
A) current account
B) capital account
C) debt account
D) official reserves account

Question

Quizplus · Accepted Answer

The capital account is used to record transactions involving the purchase and sale of assets. The current account tracks transactions involving goods and services, while the debt account tracks borrowing and lending. The official reserves account tracks changes in a country's foreign reserves.

The ________ Records Transactions Involving the Purchase and Sale of Assets