WAEC - Accounts Principles Of Accounts (2024 - No. 1)
A bank is interested in accounting information of a client for the purpose of
evaluating the entity's share of the market.
ascertaining the tax payable by the entity.
assessing the credit worthiness of the customer.
determining the dividend payable to shareholders.
Explanation
The banks will examine the financial statement of a business when it wishes to give them to such business.
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