princesspeach

What is a Non Commercial Organization?

Explain briefly what is a Non Commercial Organization?

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birkinshaw

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. Source:http://in.docsity.com/en-docs/Business_Entities-Financial_Accounting-Lecture_Handout_

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myohmy

This enterprise that's not attempting to take in revenue.

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