Debit: bank deposit

Loans: Long-term loans

When interest accrues:

Debit: financial expenses

Loan: interest payable

Monthly repayment and interest:

Borrow: interest payable

Loans: bank deposits

When the principal is repaid at maturity:

Borrow: Long-term loan

Loans: bank deposits

The information that the company must provide for the loan is as follows:

1. Copy of annual business license with official seal.

2, the legal representative qualification certificate and ID card copy

3, enterprise profile, legal representative profile

4. Copy of loan card

5. Financial statements (including audit reports) for the last three years and the last two periods, including balance sheet and income statement. ?

In addition, different banks need to provide special information according to the purpose of borrowing. Such as purchase and sale contracts.