Which of the Following Capital Transaction Items Is Entered as a Debit

question 7

Multiple Choice

Which of the following capital transaction items is entered as a debit in the U.S. balance of payments?

• A)A U.S.resident transfers $100 from his account at Credit Suisse in Basel (Switzerland) to his account at a San Francisco branch of Wells Fargo Bank.
• B)A French resident transfers $100 from his account at Wells Fargo Bank in San Francisco to his Credit Suisse account in Basel.
• C)A U.S.resident sells his IBM stock to a French resident.
• D)A U.S.resident sells his Credit Suisse stock to a French resident.

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Definitions:

Negative Connotation

A negative implication or feeling associated with a word or phrase.

Masturbation

A sexual activity involving self-stimulation of the genitals for sexual pleasure or release.

Insanity

A legal term referring to a defendant's inability to understand the wrongfulness of their actions due to mental illness or cognitive impairment.

Reproductive Health

A state of complete physical, mental, and social well-being in all matters relating to the reproductive system and its functions and processes.