Which of these books is not related to ' Non Trading concerns ' ?

Question

Question

This question was previously asked in

DSSSB PGT Commerce (Male) Official Paper (Held On: 28 Jun, 2021 Shift 1)

Answer 1

The correct answer is Donation books.

Key Points

Non- trading concerns maintain Stock register, Minutes books and Member register.
Stock register records the purchases of assets like furniture, office equipment and consumable items like stationery
Minute books keep a record of the proceedings and decisions of the meeting of general body and managing committee.
Members Register keeps a record of the names, addresses, admission dates of all the subscribers or members of the society.

Additional Information

Non- trading concerns are those organisations whose main objective is not to earn profit but work for the welfare of the society.
Non trading concerns accept donations and receipts from the general public, corporates and government to meet its expenditures.
Sports clubs, educational institutions, hospitals, religious trusts, libraries are examples of non trading concerns.