Accountancy, asked by harshsulediya, 2 months ago

write the meaning of non-trading organization.

Answers

Answered by averagestudent90

1

Answer:

Definition and Explanation of Nontrading Concerns:

Individuals or institutions with activities other than trade are known as non-trading concerns. Examples of nontrading concerns are clubs, hospitals, libraries, colleges, athletic clubs etc.

Explanation:

hope it helps you please make me brientalist please

Answered by bhavyathushitha

0

Answer:

Non-Trading Organizations

There are associations, clubs or societies which are not formed for the purpose of making profit. These are called non-trading organizations. ... Although these organizations do not sell goods or services they do earn income and incur expenses.

Explanation:

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.

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