When a USCompany Makes a $200,000 Donation to the International Red Cross

question 118

Multiple Choice

When a U.S.company makes a $200,000 donation to the International Red Cross to help the victims of an earthquake in India, the transaction is recorded in the

• A) official settlements account.
• B) current account.
• C) international help account.
• D) capital account.
• E) one-way donations account.

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Definitions:

Representative Sample

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