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Question: Consider a simplified table of the U.S international transactions. On the Table below show where ...

Show transcribed image text Consider a simplified table of the U.S international transactions. On the Table below show where debits and credits occur for each of the following transactions. A. Chelsey, a Chineses band performs at the Iron Horse cafe in Northanopton for $5, 500. The band members travel to Florida for vacation. B. Logan, a US resident receives $100,000 in interest payments on her investment in Pakistan. She buys a Honda (Japanese car) for $60,000 and donates $40,000 to the Gates foundation in Africa C. Students in echo 296 take a trip to the Greek islands in January to ponder upon the roots of debt crisis in Greece. They spend $20,000. President McCartney agrees that money should be paid out of Smith account in Europe. D. Shengjia, a US resident buys $1 million French wine for her restaurant in NYC. The French vineyard uses the money to buy greaterthanorequalto (US company) stocks.

Consider a simplified table of the U.S international transactions. On the Table below show where debits and credits occur for each of the following transactions. A. Chelsey, a Chineses band performs at the Iron Horse cafe in Northanopton for $5, 500. The band members travel to Florida for vacation. B. Logan, a US resident receives $100,000 in interest payments on her investment in Pakistan. She buys a Honda (Japanese car) for $60,000 and donates $40,000 to the Gates foundation in Africa C. Students in echo 296 take a trip to the Greek islands in January to ponder upon the roots of debt crisis in Greece. They spend $20,000. President McCartney agrees that money should be paid out of Smith account in Europe. D. Shengjia, a US resident buys $1 million French wine for her restaurant in NYC. The French vineyard uses the money to buy greaterthanorequalto (US company) stocks.