A bank acceptance bill is a bill in which a depositor opens a deposit account in an accepting bank, applies to the opening bank and is accepted by the opening bank, and guarantees to unconditionally pay a certain amount to the payee or holder on a specified date. Generally speaking, it is to borrow money from the bank first, and the bank will deduct it from the enterprise account on the date. Indeed

Debit: notes payable,

Loans: short-term loans

If the discount enterprise's bank account is not enough to pay, it will form a short-term loan, that is,

Debit: accounts receivable

Loans: short-term loans

If the undiscounted commercial bill is found that the other party is unable to pay at maturity, it will be refunded directly, and the notes receivable will be credited to the accounts receivable, that is,

Debit: accounts receivable,

Credit: bills receivable.

Extended data:

The classification of bills receivable can be divided into short-term bills receivable and long-term bills receivable according to the maturity time. Unless otherwise specified, bills receivable are short-term bills receivable. Bills receivable often appear in three situations:

(1) Extension of accounts receivable;

(2) Providing applications for new customers;

(3) selling goods on credit.

Long-term bills receivable arise from long-term contracts, including the sale of bulk commodities such as machinery and equipment and the provision of loans. There is no long-term bill receivable business in China. According to whether interest is calculated, it is divided into interest-bearing notes receivable and interest-free notes receivable.

Interest-bearing bills receivable are bills receivable with interest on the face, and their interest should be calculated separately; Interest-free bills receivable are bills receivable with no interest on the face, and the interest is included in the principal of the face.

The valuation of notes receivable should be based on the present value of future cash income. The present value of interest-bearing short-term notes receivable is equal to its face value, and the face value of interest-free short-term notes receivable is maturity value and cash value.

Because the present value has little correlation with its maturity value, interest-free short-term notes receivable are all priced at maturity value. Long-term bills receivable are priced at the fair market price of exchanged goods or services or the fair market price of bills. If these two fair market prices cannot be determined, they will be priced according to the present value of the bill.

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