The balance of payments is a record of all the transactions between the residents of a country and the rest of the world over a period of time. It is made up of two main components: the current account and the capital account. The current account records all transactions related to trade in goods and services, income from investments, and unilateral transfers such as aid and remittances. The capital account records all transactions related to the acquisition and disposal of assets and liabilities, such as foreign direct investment, portfolio investment, and loans. Therefore, the correct option is "current and capital items".