Identify the following items as credit or debit transactions on Balance of Payments account: Exports, imports, borrowing from rest of the world, lending to the rest of the world, import of software services.
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Credit side of BoP:
Exports (Current account).
Borrowing from rest of the world (Capital account).
Debit side of BOP:
Imports (Current account).
Lending to the rest of the world (Capital account).
Import of software services (Current account).
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