Question

Which of the following are recorded as​ credits, in the current​ account? A. Income received from foreign investments. B. Exports. C. Transfers received. D. All of the above. E. None of the​ above, since they are entered as debits.

Answer 1

D. All of the above.

Step-by-step explanation:

The current account is the account which records the exports and imports transactions plus it also involves one-way transfer i.e unilateral transfer

The elements of the current account are as follows

1. Exports of goods

2. Imports of goods

3. Income received from foreign investments

4. Transfer received

Hence, the D option is correct