Most people who live in the thy have bank accounts. A current account is one that has cash put in or withdrawn at any time. Their monthly salary goes automatically to this account. Many also have a deposit account for their long-term savings with interest. On the other hand, all registered companies (whether they are in the country or in the city) must have a bank account and show their books to the government. They must pay lots of different taxes-including consumer tax, import or export tax, sales tax, and tax on profits That is why companies employ accountants. While the companies are busy doing their business, the accountants are busy looking after the books for them. They also prepare the annual financial statement. 26. Everyone has a bank account. T Or F 27. Companies pay salary into current accounts. T Or F 28. Only registered companies in the city pay many kinds of tax. T Or F 29. Companies must pay income tax. T Or F 30. Accountants prepare financial statements every year. T Or F