Grants received from state government and borrowed capitals are recorded in ________
A. Debit side of capital account
B. Credit side of capital account
C. Debit side of current account
D. Credit side of current account
Answer:B
Grants received from state government and borrowed capitals are recorded in ________
A. Debit side of capital account B. Credit side of capital account C. Debit side of current account D. Credit side of current account