the accounts of non trading concerns explanation
Answers
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:
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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.
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