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Make details for the company's car loan repayment.
In the process of returning the car loan, the accountant needs to make accounting entries and record the loan.

First of all, when lending, the company's bank deposits increase, and short-term or long-term loans also increase. At this time, the accounting entries that need to be made are loans, bank deposits, short-term loans/long-term loans. When buying a car, the car is included in the fixed assets as a company asset. At this time, the accounting entry that accounting should make is borrowing: fixed assets loan: bank deposit.