can we opening balances in expenses payable ledger...

hi i am currently working on accounts profile with experience of erp oracle, i completed my mba and i hav one year of experience so is there is need of any cirtification courses which will help me in my future career growth.

Dear Sir

I have an FD of Rs.6,97,620/-.
Rate of Interest is 8.75%.
Period : 21.12.13 to 21.12.14.

Bank provide me a interest certificate mentioning as follows :

Interest Amount : 15051/-
TDS Amount : 1692.60/-
Accrued Interest : 1875/-

Please advice me the Journal Entries need to charged in my books of Accounts.

we are a company receiving advances from same customer against different purchase orders if we supplying machinery to one of the purchase order we need to collect full payment without considering advance for anthoer purchase order in this circumstances how we can create or account ledger in tally, please give me answer anyone

Pl clear the following queries

1. if land has been taken on perpetual lease, at what value will we show the land in books of lessee (asset side) in each year.

2. if land has been taken on lease for a limited period, then what will be the accounting treatment of land in books of lessee (asset side)

I want to ask if interest on any loan is calculated at what balance the interest should be deducted opening balance or closing balance ,as in month repayment is made of some amount? please help

Treatment of exp. for increase in authorised share capital in CASH FLOW STATEMENT?

Whether it is item of "Operating Activity" or "Financing Activity"???

Please tell me which date (i.e. invoice date or any other date) and rate of exchange (i.e. bank rate or any other rate) to be taken for export sales entry.

I have done vat payment for the month of august 2013 twice and have done with my revised return also can any one tell me what can i do can get a refund for the same.

in terms ofvaluation of stock incase of valuing issues after recording receipt of goods, do we assume LIFO method of valuation if nothing is specified in the question or can we actually use any method? by default, which method to be used in exams?