Here's why:

• Current Account: This part of the balance of payments records transactions related to the trade of goods and services, income, and transfers.

• Export of Machinery: The sale of machinery to other countries falls under the category of "exports of goods," which is a component of the current account.

• Credit Side: Since exports bring foreign currency into the country, they are recorded on the credit side of the current account.

Key Points:

• Capital Account: This section records transactions related to the acquisition or disposal of assets, such as foreign investments.
• Debit Side: In general, outflows of funds from a country are recorded as debits.