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BOP - current a/c and capital a/c

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.
A Chinese firm export goods to S’pore
a)
Credit entry in Current a/c (Invisible trade a/c)
b)
A debit entry in Current a/c (Visible trade a/c)
c)
Credit entry in Capital a/c
d)
Debit entry in Capital a/c
2.
Singapore decides to spend more in maintaining her diplomats in the Philippines.
a)
Debit entry in Capital a/c
b)
Credit entry in Current a/c (visible trade a/c
c)
Debit entry in Current a/c (Visible trade a/c)
d)
Debit entry in Current a/c (Invisible a/c)
3.
Japanese tourist visit S’pore and bought some Bee Chen Xiang BBQ pork.
a)
Credit entry in Current a/c (visible trade a/c)
b)
Credit entry in Current a/c (invisible trade a/c)
c)
Debit entry in Current a/c (visible trade a/c)
d)
Debit entry in Current account (invisible trade alc)
4.
Payments of dividends by a foreign firms to Singaporeans.
a)
Debit entry in Current a/c
b)
Credit entry in Current a/c
c)
Debit entry in capital a/c
d)
Credit entry in Capital a/c
5.
The purchase of an overseas company by a Singapore firm.
a)
Credit entry in current a/c
b)
Debit entry in Current a/c
c)
Credit entry in Capital a/c
d)
Debit entry in Capital a/c
6.
Payments of profits by a Japanese firm in Singapore to its parent company in Tokyo.
a)
Credit entry in capital a/c
b)
Debit entry in capital a/c
c)
Credit entry in current a/c
d)
Debit entry in current a/c
7.
Singapore made donations to Japan during the recent natural disaster.
a)
Credit entry in current a/c
b)
Debit entry in current a/c
c)
Credit entry in capital a/c
d)
Debit entry in capital a/c
8.
Singapore tourists buy a few LV handbags from Europe.
a)
Credit entry in current account (visible trade a/c)
b)
Debit entry in current account (visible trade a/c)
c)
Credit entry in current a/c (invisible trade a/c)
d)
Debit entry in current a/c  (invisible trade a/c)