490.89
$284.39
$284.39
583.53
583.53
583.53
Adjusted balance method APEX
$284.39
$284.39
583.53
583.53
583.53
583.53
Adjusted balance method APEX
Average Daily Balance Method
[Debit] Purchases [credit] Cash (partial) [credit] accounts payable (balance)
455.87
A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative. A balance of payments deficit is,when government expenditure is more than government revenue