Question

Non trading concerns are the well fare of the? ​

Answer 1

Answer:

The concerns whose main objectives are not to earn profit but render valuable services to its member and to the society are known as non-trading concerns. Those concerns or organizations are involved in promoting commerce, art, science, religion, charity or any kind of welfare.

Answer 2

Answer:

✿ ᴀɴsᴡᴇʀ✿

The sole object of non-trading concern is to provide necessary services to its members and the society at large through welfare activities. The aim of such organization is not to make profit. They should prepare systematic books of account to provide necessary information about receipts and payments.

☬ ᴍɪss_ɪɴɴᴏᴄᴇɴᴛ ☬