Hi friends i am sireesha working as an accountant in pvt. company. I have a confusion about the journal entry for rent paid in advance.

in our company 2years rent was paid in advance.
now how to pass the adjustment entry. Please give answer with an example.

My Friends Avinash Working Part Time as an accountant in 3 Firms.
1st Firm Pay Monthly 8500/-
2nd Firm Pay Monthly 7500/-
3rd Firm Pay Monthly 5000/-


what is P T Applicable & what should I do for IT Return file.

Dear sir ,

I am a newly qualified CA.

I want to know
Whether every CA (in practice or in job) requires to complete his CPE hours.

-Duration of CPE hours in a year

-whether every year it is to be attended

- if not attended in any year then consequences thereof

Respected sir/ma'am
I want to know that if sole proprietor, who owns service firm and having turnover 8Lakhs, so he is not register under service tax. So how will he pay tax on what rate? On profit or else?. And second case if turnover goes to 12lakhs and he(firm) register under service tax, so now he has to pay service tax- and after service tax, is there any liability to pay tax from profit.? I would appreciate if you provide me information about taxation for the sole proprietor having service firm. Thanks in advance.
Please reply with your valuable answer.

I got this msg from a very well known professional site...is this rite



Companies Act, 2013 (Act No.18 of 2013) has been assented by President of India on August 29, 2013.

Kindly advise me for recommended books for CMA Final -III for Dec-2013 attempt:

Capital Market & Corporate Laws
Financial Market & International finance
Stratgic Management
Tax Managemnet urgently

Sir/Madam,
1)I had not filed service tax return from April 2012 onwards.
2)I had deposited the amount of service tax received by me with a little due.(April-March)but not in time.

So i had a great burden of late filing charges and interest for delay in depositing the amount received by me.

I had gone through the scheme but i cant clarify myself whether i can utilise this scheme or not?
So pls Can anybody could help me in this issue .

An educational Society(say xxxx Educational Society) registered under the Indian Trust Act has PAN Number starting AAAAMXXXXC which represents the status of an AOP.

The society, infact, promoting education and wants to claim exemption U/s 10(23C).

As you know ,From the Asst.Year 2013-14 e return has to be filed for Trusts.

Since the 4th Letter is "A" , system is not permitting to file it as Trust.The original filer of PAN made a mistake in filing the status as an AOP , instead of Trust.

How to change the status and file the ROI to claim exemption U/s 10(23C)?

Can any body calrify?

Dear Sir,

A Pvt Ltd Company last held their AGM on Sept 2011. The Audit firm appointed at the last held AGM has resigned 2 days back and has not finalised the accounts for FY 2011-12 and 2012-13.

Now that this company has approached us(A CA Firm) to take up statutory audit.

Also they request us to suggest how to appoint us as Statutory Auditors, Whether in a AGM or just a board meeting is enough, considering the fact that the previous auditors have given a NOC certificate cum Resignation letter.

Kindly Advise.

I HAVE FILED FORM-2 WRONG NO OF SHARE WITH WRONG NAME OF ALLOTEE. WHAT STEP SHOULD BE TAKEN.ANY REVISE OPTION