what is non commercial organisation? please give answer
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Non Commercial organization is the entity that is not working to earn profit. At the end of the financial year, the profit is not distributed among the owners, but is used for the objective of the organization. Normally, commercial organizations include: • Co-Operative institutions • NGO's • Trusts.
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Non commercial organisation are those organisation in which moneytary transaction is not happening. Ex - social services,etc
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