Accountancy, asked by hamzajutt6668, 6 months ago

the accounts of non trading concerns explanation​

Answers

Answered by shradhayadav301159
5

Answer:

A non trading concern is also known as non - profit making entity that receives donations and grants from the public and government 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 old

Explanation:

hope it helps you

Answered by taneesha76
9

HEY MATE HERE IS YOUR ANSWER:-

A non-trading concern is also known as a non-profit making entity that receives donations and grants from the public and government 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.

HOPE THIS HELPS YOU MATE AND PLEASE MARK ME AS BRAINLY

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