Recording Interest Income in the Balance of Payments

Recording Interest Income in the Balance of Payments
In the balance of payments, as well as the national accounts, income refers to the use of factors of production. Accordingly, income should be recorded in the balance of payments during the period or periods in which the economic benefits arising from the use of a factor of production are enjoyed by the user-that is, on an accrual basis. This... READ MORE...

Publication date: July 1995
ISBN 9781451849202
$15.00

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