1) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry bookkeeping: A Žambian resident receives a dividend of K1000,000 on her foreign stock and deposits it into her bank account abroad. 1b) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry book keeping: A Zambian investor purchases K3000,000 of U.S. treasury bills and pays by drawing down his bank balances in the United States of America. macroeconomics macroeconomics

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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1) Indicate how the following transaction is
entered into the Zambian balance of
payments with double-entry bookkeeping:
A Žambian resident receives a dividend of
K1000,000 on her foreign stock and deposits
it into her bank account abroad.
1b) Indicate how the following transaction is
entered into the Zambian balance of
payments with double-entry book keeping: A
Zambian investor purchases K3000,000 of
U.S. treasury bills and pays by drawing down
his bank balances in the United States of
America.
macroeconomics
macroeconomics
Transcribed Image Text:1) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry bookkeeping: A Žambian resident receives a dividend of K1000,000 on her foreign stock and deposits it into her bank account abroad. 1b) Indicate how the following transaction is entered into the Zambian balance of payments with double-entry book keeping: A Zambian investor purchases K3000,000 of U.S. treasury bills and pays by drawing down his bank balances in the United States of America. macroeconomics macroeconomics
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