what is a capital account 
the capital account in international macroeconomics is the part of the balance of payments that records all transactions made between entities in one country with entities in the rest of the world these transactions consist of imports and exports of goods services capital and transfer payments such as foreign aid and remittances the balance of payments is composed of a capital account and a current account though a narrower definition breaks down the capital account into a financial account and a capital account the capital account measures the changes in national ownership of assets whereas the current account measures the country s net income in accounting the capital account shows the net worth of a business at a specific point in time it is also known as owner s equity for a sole proprietorship or shareholders equity for a corporation and it is reported in the bottom section of the balance sheet investopedia nez riaz