Is the purchase of property recorded on the capital or financial account? (1 Viewer)

[poptarts12345]

For example, a foreign investor purchases an agricultural property from Australia. Is this a credit on the capital or financial account?

 

[#RoadTo31Atar]

Pretty sure it's FA, because it's related to foreign investment and FA records stuff associated with investment. Capital account is for non-financial non-produced assets, it's pretty small and irrelevant to HSC eco i think other than knowing it's part of BOP=CA+KAFA=0.

 

[ultra908]

ye its defs the financial account