What type of account does a loan belong to?
Loan belongs to a negative account type:
Depending on the length of time, it can be a short-term loan or a long-term loan;
Short-term borrowings refer to bank borrowings within one year, and long-term borrowings refer to bank borrowings of more than one year.
What is a loan?
You should know the equation in the question, right? Assets = Liabilities Owner's Equity
Loans A are generally included in short-term borrowings or long-term borrowings, both of which are liability accounts. Bank deposits are asset accounts. Deposits are repaid with loans. Bank deposits and loans are both at the same time. Decrease means both assets and liabilities decrease at the same time.
B The fact that you didn’t ask means that you know clearly. I will give you the entries and you will know. Regardless of the tax issue, borrow: accounts receivable and loan: main business income. The income will eventually be transferred to The undistributed profit account leads to an increase in undistributed profits. Undistributed profits are owners' equity accounts, and both assets and owners' equity increase at the same time
D borrowing money from the bank means increasing bank deposits and loans. , as mentioned in A, the loan is a liability account, and both assets and liabilities increase at the same time
The office supplies purchased by C are generally included in expenses, and the expenses will eventually be transferred to undistributed profits, resulting in undistributed profits. Distributed profits decrease, while cash payments are made, and assets decrease. Both assets and owner's equity decrease at the same time, similar to the increase in B. So the answer should be wrong! Choose ABCD
But given the answer, I guess the question is based on low-value consumables or other asset classes. Therefore, the result is an increase and decrease in assets at the same time, which does not affect the other part of the equation. side. I can't see this in the question you gave, so I can only guess like this!
What accounts are recorded for bank loans?
Various borrowings from banks or other financial institutions with a term of less than 1 year (including 1 year) are called short-term loans. All kinds of borrowings for more than one year are called long-term borrowings.
What accounting items are recorded for bank loans?
Loans from banks should be recorded in short-term borrowing and long-term borrowing accounts according to the length of time.
Assume that you borrowed 20,000 yuan from the bank and repaid it in 5 months. It is a short-term loan. The accounting entries are:
Debit: bank deposit 20,000
Loan: Short-term borrowing 20,000
If it is long-term, it is
Borrow: bank deposit 20,000
Loan: long-term borrowing 20,000
Short-term borrowing Both long-term borrowings and long-term borrowings are liability accounts. Increases are recorded on the credit side and decreases are recorded on the debit side. Bank deposits are asset accounts, with increases recorded on the debit side and decreases recorded on the credit side.
What accounts do bank loans belong to?
Loans belong to negative accounts;
Detailed reasons:
Bank loans belong to negative accounts. Such subjects are mainly reflected in the fact that I apply for a loan to the bank, and then through the bank's application, I owe the bank money, thus becoming a liability to the bank;
Depending on the length of time, it can be a short-term loan or Long-term loans;
Short-term loans refer to bank loans within one year, and long-term loans refer to bank loans of more than one year;
Loans refer to a type of transfer of the right to use funds from the creditor to the debtor. Financial behavior;
Bank loans mainly depend on your credit report and debt problems. If your debts are in good condition, you can apply for a loan to the bank.
Summary: Loan is a form of credit activity in which banks or other financial institutions lend monetary funds according to certain interest rates and must be returned. Loans in a broad sense refer to the general term for lending funds such as loans, discounts, and overdrafts. Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development; at the same time, banks can also obtain loan interest income and increase their own accumulation.
Loan refers to a financial behavior in which the creditor transfers the right to use funds to the debtor.
What accounting subjects do loans belong to?
Loans are a special account for banks and other financial enterprises, and are asset accounts. Non-banks and other financial enterprises can set this account.
The accounting treatment principles for loans and receivables are generally the same as held to maturity. Specifically:
1. For loans issued by financial enterprises based on current market conditions, the sum of the principal of the loan and related transaction costs shall be the initial recognition amount. Generally, when an enterprise sells goods or provides services to external parties, the receivable claims shall generally be based on the contract or agreement price receivable from the purchaser as the initial recognition amount.
2. The interest income recognized during the loan holding period shall be calculated based on the actual interest rate. The actual interest rate shall be determined at the time the loan is obtained and shall remain unchanged for as long as the loan is overdue or for a shorter period of time. If the difference between the actual interest rate and the contract interest rate is small, the interest income can also be calculated based on the contract interest rate.
3. When an enterprise recovers or disposes of loans and receivables, the difference between the price obtained and the book value of the loan and receivables shall be included in the current profit and loss.
Accounting Entries
Set Account Settings
Loan - Principal
Loan - Interest Adjustment
Provision for loan losses
Loans - Impaired
(1) Loans that have not been impaired
(1) Loans issued by enterprises
Borrow: Loan - principal
Credit: absorb deposits, etc.
Loan - interest adjustment (the difference may be on the debit side)
(2) Debit on the balance sheet date: interest receivable (determined based on the contract principal of the loan and the contract interest rate)
Loan - interest adjustment (the difference may be on the debit side)
Credit: interest income (Determined based on the amortized cost of the loan and the actual interest rate)
(3) Recovering the loan
Borrow: absorbing deposits, etc.
Loan: loan - principal
Interest receivable
Interest income
(2) Impaired loans
(1) Impaired loans
Borrow: Asset impairment loss at the same time:
Borrow: Loan - impaired
Credit: Loan loss provision
Credit: Loan ( Principal, interest adjustment)
(2) Interest income
Borrow: Loan loss provision (interest income determined based on loan amortization cost and actual interest rate)
Loan: Interest income
At the same time, the amount of interest receivable determined based on the contract principal and contract interest rate will be registered off-balance sheet
(3) Loan recovery
Debit: deposits from customers, etc.
Loan loss provision
Credit: loan - impaired
Asset impairment loss (difference)
(3) Loans that are truly irrecoverable
Debit: loan loss provision
Credit: loan - impaired
(4) Confirmed And write off the loans that were later recovered
Borrow: Loans - Impaired
Borrow: Deposits from others
Credit: Loan loss provisions
Loan: Loan - Impaired
Asset impairment loss (difference)
What are the six major categories of accounting items?
1. Assets
1 1001 Cash on hand
2 1002 Bank deposits
3 1003 Deposits with the central bank
4 1011 Deposits with banks
5 1012 Other monetary funds
6 1021 Settlement reserves
7 1031 Deposits of margin
8 1101 Trading financial assets
9 1111 Financial assets purchased under resale agreements
10 1121 Notes receivable
11 1122 Accounts receivable
12 1123 Prepaid accounts
13 1131 Dividends receivable
14 1132 Interest receivable
15 1201 Subrogation recovery receivable
16 1211 Reinsurance accounts receivable
17 1212 Reinsurance contract reserves receivable
18 1221 Other receivables
19 1231 Provision for bad debts
20 1301 Discounted assets
21 1302 Loan funds
22 1303 Loans
23 1304 Provision for loan losses
24 1311 Agency for redemption of securities
25 1321 Agency business assets
26 1401 Material procurement
27 1402 Materials in transit
28 1403 Raw materials
29 1404 Material cost difference
30 1405 Inventory goods
31 1406 Shipment of goods
32 1407 Price difference between purchase and sale of goods
33 1408 Commissioned processing materials
34 1411 Turnover materials
35 1421 Consumable biological assets
36 1431 Precious metals
37 1441 Repossessed assets
38 1451 Surplus materials
39 1461 Financial lease assets
40 1471 Inventory devaluation provisions
41 1501 Held-to-maturity investments
42 1502 Impairment provisions for held-to-maturity investments
43 1503 Available-for-sale financial assets
44 1511 Long-term Equity investment
45 1512 Provision for impairment of long-term equity investment
46 1521 Investment real estate
47 1531 Long-term receivables
48 1532 Unrealized financing income
49 1541 Deposited capital deposit
50 1601 Fixed assets
51 1602 Accumulated depreciation
52 1603 Fixed Asset impairment provision
53 1604 Construction in progress
54 1605 Construction materials
55 1606 Fixed assets liquidation
56 1611 Unguaranteed Residual value
57 1621 Productive biological assets
58 1622 Accumulated depreciation of productive biological assets
59 1623 Public welfare biological assets
60 1631 Oil and gas assets
61 1632 Accumulated depletion
62 1701 Intangible assets
63 1702 Accumulated amortization
64 1703 Intangible assets minus Value provision
65 1711 Goodwill
66 1801 Long-term deferred expenses
67 1811 Deferred income tax assets
68 1821 Separate account Assets
69 1901 Pending property gains and losses
2. Liabilities
70 2001 Short-term borrowings
71 2002 Deposit of security deposit
72 2003 Loan funds
73 2004 Borrowing from the central bank
74 2011 Deposits from customers
75 2012 Interbank deposits
76 2021 Discount liabilities
77 2101 Trading financial liabilities
78 2111 Financial assets sold under repurchase
79 2201 Notes payable
80 2202 Accounts payable
81 2203 Accounts received in advance
82 2211 Employee benefits payable
83 2221 Taxes payable
84 2231 Interest payable
85 2232 Dividends payable
86 2241 Other payables
87 2251 Policy dividends payable
88 2261 Reinsurance accounts payable
89 2311 Agency payment for buying and selling securities
90 2312 Agency payment for securities underwriting
91 2313 Agency payment for securities redemption
92 23
14 Agency business liabilities
93 2401 Deferred income
94 2501 Long-term borrowings
95 2502 Bonds payable
96 2601 Not matured Responsibility...gt;gt;
What are the general ledger accounts?
1. Asset category
1 1001 Cash on hand Cash on hand of the enterprise
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2 1002 Various amounts deposited by enterprises in banks or other financial institutions
3 1003 Amounts deposited with the central bank by enterprises (banks) deposited with the People's Bank of China (hereinafter referred to as the "Central Bank") ), including the allocation of business funds, handling intra-city bill exchanges and cross-system fund transfers in different places, cash withdrawals or deposits, etc.
4 1011 Amounts deposited by interbank enterprises (banks) in domestic, overseas banks and non-bank financial institutions
5 1012 Bank draft deposits and bank cashier check deposits of other monetary capital enterprises , credit card deposits, letter of credit margin deposits, investment deposits, deposits from other places and other monetary funds.
6 1021 Settlement reserve fund The amount deposited by an enterprise (securities) into a designated clearing agency for the liquidation and settlement of securities transactions. The settlement fees charged by enterprises (securities) from customers and the settlement fees paid to stock exchanges.
7 1031 Deposits of deposits Various deposits that enterprises (finance) need to deposit or pay for business operations.
8 1101 Trading financial assets The fair value of trading financial assets such as bond investments, stock investments, and fund investments held by enterprises for trading purposes
9 1111 Buy-back resale Funds raised by financial assets enterprises (finance) from financial assets such as bills, securities, loans, etc. that are purchased first and then resold at a fixed price in accordance with the resale agreement
10 1121 Notes receivable enterprises due to sales of goods , Commercial bills received for rendering services, etc., including bank acceptance bills and commercial acceptance bills.
11 1122 Accounts receivable The amount that an enterprise should collect for selling goods, providing services and other business activities
12 1123 Prepaid accounts The amount paid in advance by the enterprise in accordance with the provisions of the contract. If there are not many prepayments, you can also not set up this account and record the prepayments directly into the "Accounts Payable" account
13 1131 Dividends receivable Cash dividends that should be collected by the enterprise and other units should be collected Distributed profits.
14 1132 Interest receivable: corporate trading financial assets, held-to-maturity investments, available-for-sale financial assets, loans, deposits with the central bank, placement funds, financial assets purchased for resale, etc. Interest chargeable.
15 1201 Receivables for subrogation from the enterprise (insurance) The subrogation reimbursements recognized after the enterprise (insurance) assumes the responsibility for paying insurance premiums in accordance with the original insurance contract
16 1211 Receivable from reinsurance accounts from the enterprise (Insurance) Amounts receivable for engaging in reinsurance business
17 1212 Receivable reinsurance contract reserves Receivable unexpired liability reserves recognized by the enterprise (reinsurance cedant) engaged in reinsurance business, and Insurance liability reserves that should be amortized to reinsurance recipients
18 1221 Other receivables include deposits of deposits, financial assets purchased under resale agreements, notes receivable, accounts receivable, and prepaid accounts. , dividends receivable, interest receivable, subrogation receivables, reinsurance accounts receivable, reinsurance contract reserves receivable, long-term receivables, and other various receivables and temporary payments.
19 1231 Provision for bad debts Provision for bad debts of enterprise receivables
20 1301 Discount assets Funds raised by enterprises (banks) for discounting and rediscounting of commercial bills.
21 1302 Lending funds The amount lent by enterprises (finance) to other domestic and overseas financial institutions
22 1303 Loans Various customer loans issued by enterprises (banks) in accordance with regulations.
23 1304 Loan loss provision Impairment provision for corporate (bank) loans. Assets for which loan loss provisions are made include discounted assets, placement funds, customer loans, syndicated loans, trade financing, agreement overdrafts, credit card overdrafts, on-lending and advances, etc.
24 1311 Agency for redemption of securities companies (Securities, banks, etc.) Accept entrusted agents to redeem mature securities.
25 1321 Agency business assets Assets formed by agency business where the enterprise does not bear risks.
26 1401 Material Procurement: Enterprises use planned costs for daily accounting of materials and purchase costs of materials purchased.
27 1402 Materials in transit Enterprises use actual costs (or purchase prices) for daily accounting of materials, commodities and other materials, and the purchase costs of materials in transit that have been paid but have not been accepted into the warehouse.
28 1403 Raw Material Enterprise...gt;gt;
May I ask what types of subjects are deposited with the central bank and loans? All the bank accounting subjects can be tested Which ones are there?
"Amounts deposited with the Central Bank" is an asset class account that accounts for various amounts deposited by enterprises (banks) with the People's Bank of China, including the allocation of business funds, handling intra-city bill exchanges, and cross-system fund transfers in different places. , withdraw or deposit cash, etc.
Loans are asset items. For banks, loans are an asset.
The exam mainly focuses on the accounting treatment of industrial enterprises. For the accounting treatment of financial enterprises, you only need to follow the example questions in the textbook and teacher's handouts.
What are the bank accounting subjects?
The first-level subjects include assets, liabilities, assets and liabilities, owner's equity and profit and loss, and below this there are It includes nearly a hundred secondary subjects, taking assets as an example, including precious metals, deposits with the central bank, deposits with interbanks, placements with interbanks, trading financial assets, derivative financial assets, financial assets purchased under resale agreements, corporate loans, and trade. Financing, personal loans, discounts, rediscounts, advances, interest receivable, loan interest adjustments, dividends receivable, other receivables, available-for-sale financial assets, held-to-maturity investments, long-term equity investments, fixed assets, Asset liquidation, construction in progress, investment real estate, repossessed assets, intangible assets, goodwill, amortized expenses, deferred income tax assets, etc. deal with property losses and losses, loss provisions, bad debt provisions, and asset impairment provisions. For detailed information, please click on this link wenku.baidu/...8