How are the following transactions entered into the U.S. balance of pa

How are the following transactions entered into the U.S. balance of payments?

(a) The U.S. government sends $2,000 worth of food aid to Africa.
(b) A U.S. firm exports $10,000 worth of goods to the United Kingdom, payable in 3 months.
(c) A U.S. tourist in Amsterdam spends $200 for food and hotels.

ANSWER

(a) The United States debits unilateral transfers for $2,000 and credits merchandise exports, also in its current account, for $2,000.
(b) The United States credits merchandise in its current account for $10,000 and debits its short-term capital account for $10,000.
(c) The United States debits the service category (travel) of its current account for $200, and credits its capital account (an increase in foreign holdings of U.S. assets or claims on the United States) for $200.