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What is raw material loan?

1. What is a raw material loan?

The raw material loan is a financial product launched by the Housing Alliance China and various partners such as banks to help enterprises solve the problem of insufficient funds for purchasing raw materials at the first time. Raw material loans are fast and good, and the loan amount is high enough.

second, what is a raw material loan?

raw material loan is a financial product launched by partners to help enterprises solve the problem of insufficient funds for purchasing raw materials in the first time.

Third, why is the loan in accounting raw materials

For example, when raw materials are used for production, the raw materials are reduced, so it is recorded in the credit

Fourth, what does it mean to borrow raw materials to loan accounts receivable?

after purchasing raw materials, only accounts payable can occur, but accounts receivable can't. Borrowing raw materials means that the enterprise has purchased raw materials, and the corresponding accounting subjects should be bank deposits or cash or accounts payable, not accounts receivable. Accounts receivable refers to the sales income of the enterprise, but the payment has not been received for the time being, so it should be included in the accounts receivable account, and the account will be settled after the payment is received in the future. So it is impossible to borrow accounts receivable by borrowing raw materials.