If SA Saves R1 000 Billion and SA Net Capital

question 32

Multiple Choice

If SA saves R1 000 billion and SA net capital outflow is - R200 billion, SA's domestic investment is

• A)-R200 billion.
• B)R200 billion.
• C)R800 billion.
• D)R1 000 billion.
• E)R1 200 billion.

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Definitions:

Income Statement Accounts

Income statement accounts include all the revenue and expense accounts that determine a company's net income or net loss for a specific period.

Balance Sheet Accounts

Accounts that appear on the balance sheet, such as assets, liabilities, and shareholders' equity, reflecting the financial position at a specific point in time.

Adjusting Entries

At the close of an accounting period, entries in accounting records to apportion income and outlays to the actual time they happened.

Prepaid Rent

An expense that represents payment made in advance for the use of property or space, which is recorded as an asset until it is consumed or the rental period elapses.