Rent is a factor income. Receipts of factor income from abroad are recorded on the credit (receipt) side of the current account of the balance of payments. Hence this transaction is recorded on the credit side of the current account.
Indian Real Estate Company receives rent from Microsoft from London. This transaction will be recorded in __________ Account.
Verified 13 Jul 2026.
Credit side of current
Debit side of current
Credit side of capital
Debit side of capital
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