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How to deal with the company's personal business loans
Personal business loan refers to the loan issued by the bank to the borrower for the borrower's liquidity turnover, purchase or update of business equipment, payment of rent for leased business premises, decoration of commercial housing and other legal production and business activities. Personal business loans obtained by the company are included in short-term loans or long-term loans, and the corresponding entries are.

Debit: bank deposit,

Loan: Short-term loan.