1. When borrowing money:

Debit: bank deposit

Loans: short-term loans

2. When accrued interest:

Debit: financial expenses-interest

Loan: interest payable

3. When paying interest:

Borrow: interest payable

Loans: bank deposits

4. When repaying the loan principal:

Borrow: short-term loans

Loans: bank deposits

5. If the accrued unpaid interest is paid at the same time on the date of loan repayment:

Borrow: short-term loans

Interest owed

Loans: bank deposits

Extended data

Example:

A company borrowed 800,000 yuan from a bank on 2011,with a term of 9 months and an annual interest rate of 4.5%. The loan interest is paid quarterly, and the principal is returned at maturity. Related processing is as follows:

(1)65438+ 10/month 1 when borrowing:

Debit: 800,000 yuan from the bank.

Loan: short-term loan of 800,000 yuan.

(2) At the end of 65438+10, the accrued interest of the month is 800000 * 4.5%/ 12 = 3000 yuan.

Borrow: the financial expenses are 3,000 yuan.

Loan: Interest payable: 3,000.

The same is true for withholding monthly interest at the end of February.

(3) When paying the interest payable in this quarter at the end of March:

Borrow: the financial expenses are 3,000 yuan.

Interest payable 6 000

Deposit: 9,000 in the bank.

Debt treatment in the second and third quarters is the same as above.

(4) When the loan principal is repaid on June 65438+ 10/day:

Borrow: short-term loan of 800,000 yuan.

Loan: 800,000 yuan in the bank.

Baidu encyclopedia-short-term loan