Borrow: interest receivable

Loans: bank deposits

After receiving interest:

Debit: bank deposit

Loan: interest receivable

2. Interest on bonds received during the holding period

Debit: bank deposit

Loan: investment income

Individuals who earn interest income from bonds need to pay personal income tax.

1. Income from interest, dividends and bonuses refers to income from interest, dividends and bonuses obtained by individuals with creditor's rights and equity. For income from interest, dividends and bonuses earned by individuals, the taxable income is the amount of each income, and the applicable tax rate is 20%.

2. For individual income tax, the taxpayer is the income, and the withholding agent is the unit or individual who pays the income. When withholding agents pay taxable income (including cash, physical objects and negotiable securities) to individuals, whether the taxpayer is an employee of the unit or not, they should withhold and pay the corresponding tax.

You can enjoy tax exemption for debt interest income.