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

[Bells88]

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]

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]

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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[inJust]

.

He is right.

 

[loapowm]

He is right.

Just realised. Had them swapped the ofter way

 

[CommunityFan]

wat assdass said

 

[Bells88]

Thanks everyone for your help!