Economics

Study Economics as never before. Tons of resources at your fingertips. Revision notes and quizzes for IGCSE, A LEVEL and IB Economics

Business Studies

Our Business Studies sections has a collection of the best revision notes, quizzes, Mindmaps for IGCSE, A Level and IB learners.

Accounting

Find the best resources for IGCSE Accounting. Revision notes, solved questions and tons of examples.

ICT

Revision notes and interactive quizzes, Crosswords and Worksheets for IGCSE ICT.

Words that inspire us

Joomla Module OT Testimonial powered by OmegaTheme.com

What are Non Profit Organizations?

Sole trader, Partnership and Limited companies have Profit as their main objective. However, Clubs, societies and associations does not only exist to make profit. They may be formed to promote cultural and recreational interest. Thus their final accounts are different from those organizations which solely exist to earn profit.

Clubs and socieities

The final accounts of a non-profit organization includes of

  1. Trading Accounts (only if there is a restaurant or canteen)
  2. Receipts and Payments Accounts
  3. Income and Expenditure Account
  4. Balance Sheet

2549922

VISITS IN 2015

6296317

PAGES DELIVERED 2015

123732445

TOTAL HITS IN 2015