what is the accounting information requirements of bank
Answers
Answered by
29
accounting requirements for bank :
Bank is interested in safety Bank is interested in adequacy ofof the principal as well as profits only as an assurance of thethe periodic return return of principal and interest back in time. Bank is equally concernedabout the form in which the assetsare held by the business. When more assets are held in cash or near cashform, the aspect is knnown as liquidity.
Similar questions
Social Sciences,
5 months ago
Computer Science,
5 months ago
English,
5 months ago
Social Sciences,
11 months ago
Chemistry,
11 months ago
English,
1 year ago