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The official reserve account, a subdivision of the capital account, is the foreign currency and securities held by the government, usually by its central bank, and is used to balance the payments from year to year.
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What is the accounting entry to reduce a reserve account?
Reserve account can be reduce as follows: [Debit] Reserve account xxxx [Credit] Share capital account xxxx
Is capital reserve a nominal account or real account?
yes
Is a Reserve account an asset or liability?
It is assets
What will be Journal entry for purchase of building from general reserve account?
General reserve account cannot be used for purchases of building as general reserve accounts is fixed for some limited kind of transactions like
What is the general ledger journal entry to begin a Reserve Account?
debit reserve accountcredit cash / bank
What is the accounting entry to reduce a reserve account?
Reserve account can be reduce as follows: [Debit] Reserve account xxxx [Credit] Share capital account xxxx
How would you describe the reserve account of a nation's balance of payments?
One last category of international transactions involves those arising among governments and central banks. These transactions are recorded in the official reserve account of a nation's balance of payments.
How can transfer money from your payboxme account to liberty reserve?
yes.. I want transfer money from my paybox.me account to my liberty reserve account{U2979432)
Did Labrador Nature reserve become Singapore's official nature reserve?
yes
Is capital reserve a nominal account or real account?
yes
Does The US Treasury keeps a checking account with the Federal Reserve?
Yes the US treasury keeps a checking account with the Federal Reserve
Can ordinary citizens have an account with the federal reserve bank?
no an ordinary citizen can not have an account with the federal reserve bank, only government employee s can.
Is a Reserve account an asset or liability?
It is assets
What will be Journal entry for purchase of building from general reserve account?
General reserve account cannot be used for purchases of building as general reserve accounts is fixed for some limited kind of transactions like
What is approximate value of funds held in the open market reserve account of the Federal Reserve Bank of New York?
The approximate value of funds held in the open market reserve account of the Federal Reserve Bank of New York is $496 billion.
What is your federal reserve bank account number?
account associated with your birth certificate
Does Daniela Hantochova have an official website or a twitter account?
Daniela Hantochova does have a twitter account. She does have an official Twitter account. She also has an official Facebook account for all of her fans.
