The accounting entries are as follows:

First, if the interest is paid in installments, then

(1) Received loan

Debit: bank deposit

Loans: short-term loans

(2) Accrued interest

Debit: financial expenses-interest expenses

Loan: interest payable

(3) Repaying interest

Borrow: interest payable

Loans: bank deposits

(4) Repaying the principal and interest

Borrow: short-term loans

Financial expenses (last issue)

Loans: bank deposits

Second, if it is a one-time repayment of principal and interest.

(1) When drawing

Debit: financial expenses

Loans: short-term loans-accrued interest

(2) At maturity

Debit: financial expenses

Principal of short-term loan

Short-term loans-accrued interest

Loans: bank deposits

Financial expenses refer to the financing expenses incurred by enterprises in the process of production and operation to raise funds. Items that should be included in "financial expenses": interest expenses, exchange gains and losses, handling fees of financial institutions, cash discounts incurred or received by enterprises, etc. However, the interest expenses incurred during the preparation of the enterprise shall be included in the start-up expenses; Borrowing expenses that should be capitalized for the purchase, construction or production of assets eligible for capitalization shall be accounted for in such subjects as "construction in progress" and "manufacturing expenses".

Interest payable: accounting for 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.