Non-Trading Organization

How are you today?

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Non-profit making organization exist...

• to provide valuable services to its member and to the society

• to sell goods with the main objective to earn profit

• to provide services or goods for profit

Which one of the following is not the example of a non-profit organization is ..

• beverages club

• restaurant

• charity stall

• school fun fair

The main objectives of these organization is

• to earn profit

• to sell goods and services

• to provide wealth to the members and society

• to provide benefits to members or society

Income for non-trading organization usually derived from...

• sales of non-current asset

• subscription fees, donation and sponsorship

• interest received and commission received

• Sundry expenses