1. capital account balance and forex reserves for the period 2001-2006 and list the major features.
data on indias current account balance for period 2001-2006
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debit balances
assets have debit balances.
please send the answer to enable me submit the assignment to ignou MBA programme
Sometimes it might, depending on the account. Most often account balances change during the year though.
Accounts receivables has debit balance as normal balance of account and shown in current assets in balance sheet.
All liabilities as well as sales account has credit balance as normal accounting balances.
Collect data on India's current account balance capital account balance and forex resevers for a period 2001-2006?
Ledger balances are those listed on the bank's books, while collected balances equal ledger balances minus float associated with the account.
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