1. The distinction between borrowing and lending in accounting:
1) Balance sheet: assets on the left and liabilities and owners' equity on the right.
2) Asset and expense account: debit indicates increase and credit indicates decrease.
3) Liabilities, owners' equity and income accounts: the lender indicates an increase when it is used, and the borrower indicates a decrease when it is used.
4) Debit is capital outflow and credit is capital inflow. Assets = liabilities+owners' equity.
5) Add subjects (assets and expenses) as debits, and add subjects (liabilities, owners' equity, profits, capital and income) as credits; Conversely, the decrease in the left account is credited and the decrease in the right account is debited.
1. Lending is the bookkeeping symbol in the accounting debit and credit bookkeeping method. No matter what industry, accounting methods, accounting principles and accounting rules are the same. As long as the rules of the debit and credit bookkeeping method are well mastered, other problems will be fully understood. From the account structure of debit and credit bookkeeping method, the basic structure of debit and credit account is: the left debit and the right credit, but which party's registration increases and which party's registration decreases depends on the economic content reflected in the account. It can be divided into four categories: asset account: increase debit, decrease credit, and debit if there is a balance at the end of the period. Equity (liabilities and owners' equity) account: the increase is credited, the decrease is debited, and if there is a balance at the end of the period, it is credited. Cost and expense account: increase is debited, decrease or cancellation is credited. There is no balance after the general expenses are carried forward. If there is a balance, debit it. Income and profit account: credited when increasing, debited when decreasing or writing off, and there should be no balance at the end of the period after carrying forward income and profit.
2. Judging from the bookkeeping rules of the debit and credit bookkeeping method, the bookkeeping rules of the debit and credit bookkeeping method are "there must be a loan if there is a loan, and the loan must be equal". From the trial balance of debit and credit bookkeeping method, according to this principle and the requirements of bookkeeping rules, the accounting entries of every economic business are equal to debit and credit, so when all economies are accounted for, the total debit and credit of all accounts in this period must be equal; The total ending debit balance of all accounts must be equal to the total ending credit balance. Taking cash and bank deposits as the standard, loans are the outflow of funds.