Question

non tradeing organisations theori​

Answer 1

Explanation:

Nob trading organisation theory helps

Answer 2

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Non-trading concerns are simply non-profit making entities that exist solely for the betterment of the society by providing quality services. Unlike trading concerns that sell goods and services to earn profit, the non-trading concerns accept donations and receipts from the general public, corporate entities and government to run its operations. Some of the common examples of non-trading concerns are as follows:

Orphanages

Sports clubs

Civil hospitals

Libraries

Charities

Government owned educational institutions

Civil Hospitals

Explanation:

A non-trading concern is also known as a non-profit making entity that receives donations and grants from the public and governemnt and uses them to serve the community. ... The management is responsible for the accounts of a non-trading concern and prepares a balance sheet and income and expenditure account at year end.

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