The entrusted loans in the statement are current assets. Other current assets in the notes to the statements refer to current assets other than monetary funds, short-term investments, notes receivable, accounts receivable, other receivables, inventories and other current assets.

Entrusted loans are loans provided by government departments, enterprises, institutions, individuals and other principals, and issued by financial institutions (namely trustees) according to the loan object, purpose, amount, term and interest rate determined by the principals.

This course accounts for all kinds of customer loans issued by enterprises (banks) according to regulations, including pledged loans, mortgage loans, guaranteed loans and credit loans.

This course can carry out detailed accounting by loan category and customer, including "principal", "interest adjustment" and "impairment".

Prepare for the primary accounting exam. For more information about the primary accounting exam, please pay attention to Global Quick Ask Accounting Online.

Pay attention to entrusted loans as current assets in the quick question report of Global Online School?