What is the difference between the service organisation and
trading organisation



What is the difference between the service organisation and trading organisation..

Answer / maruthimuralidharan

Trading organisation -  it is the organisation which is doing some trade or business and profit is the main motive of this type of organisation.

Service organisation - it is the organisation which is doing some services for the welfare of the people. these are also known as Non-trading concerns or non-profit organisations. 

Is This Answer Correct ?    6 Yes 0 No

Post New Answer

More Accounting General Interview Questions

what is the purpose of preparing profit and loss appropriation account in the partnership firm?

0 Answers   IBM,


How to make balance sheet, please advise me in details... Thankx

1 Answers  


when we give to payment for contractor what entry pass with tds?

3 Answers  


Define push down accounting?

0 Answers  


how we pass commission entry when we give to other with tds ?

1 Answers   GFS,






how to make budgeting ?

4 Answers   Accenture,


What is mutual fund sub accounting?

0 Answers  


Hello Friends, I am Vinod Rawat & want some tips of interview question for the post of accountant in a reputed company Pls. Given Examples.

0 Answers  


1- Can ledger make without journal?

1 Answers  


What is difference between SEZ Developer & SEZ Unit?

2 Answers   ABC, Jubilant Organosys,


What are the strong accounting standards?

1 Answers  


Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

0 Answers   eClerx, Meru Cabs,


Categories