Accountancy, asked by Debidutta9466, 9 months ago

Different between non profit concern and non trading concern

Answers

Answered by rajkumarprasad7599
2

Answer:

Hey mate here is your answers

Explanation:

The main points of difference between trading and non-trading concerns may be summarized as follows: Objective: Trading Concerns: The main objective of these concerns is to earn profit. ... Non-trading Concerns: The excess of income over expenditure is not distributed but is used to fulfill the needs of the concerns.

Hope it's helpful for you

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