When interest is accrued, the interest payable is borrowed from financial expenses; Borrow the interest payable and borrow the bank deposit when you pay it back.

The interest records for repayment of bank loans are as follows:

Short-term loan interest:

Debit: financial expenses

Loans: bank deposits

Long-term loan interest:

Debit: financial expenses (interest on the last installment)

Debit: Interest payable (accrued interest) _

Loans: bank deposits

Extended data:

As the occupation cost of an enterprise, interest directly affects the economic benefits of the enterprise. In order to reduce costs and improve efficiency, enterprises should do everything possible to reduce the amount of funds, and at the same time compare the costs of various financing methods in the process of financing. If enterprises in the whole society regard saving interest expenses as a common behavior mode, then the efficiency of economic growth will certainly be improved.

Interest payable (interest payable; AruedInterestPayable) refers to the interest payable by the enterprise according to the contract, including the interest payable on deposits, long-term loans with interest paid by installments and corporate bonds. This course can be accounted for in detail by depositors or creditors. The difference between interest payable and accrued interest: interest payable belongs to loans and accrued interest belongs to company deposits.

Accounting treatment of interest payable:

1. This account accounts for the interest payable by the enterprise according to the contract, including the interest payable on deposits, long-term loans with interest paid in installments and corporate bonds.

Two, this course can be detailed accounting by depositors or creditors.

3. On the balance sheet date, the interest expense calculated and determined according to the amortized cost and the actual interest rate shall be debited to the subjects such as interest expense, construction in progress, financial expense and R&D expense, and the unpaid interest calculated and determined according to the contract interest rate shall be credited to this subject, and the subjects such as long-term loan-interest adjustment, deposit absorption-interest adjustment shall be debited or credited according to the difference. If the difference between the contract interest rate and the actual interest rate is small, you can also use the contract interest rate to calculate and determine the interest expense. The actual payment of interest, debit the subjects, credit "bank deposits" and other subjects.

Four, the final credit balance of this course, reflecting the enterprise has not yet paid the interest payable.