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Agricultural Bank of China loan certificate
loan

Debit: Bank 3000000.

Loan: The bank loan is 3 million yuan.

Monthly interest is calculated, and the monthly interest rate is = 300 * 5.841%÷ 30 = 0.541000 yuan.

Debit: financial expenses 584 1

Loan: interest payable 584 1

You didn't tell me when to pay interest, whether to pay interest quarterly (as banks usually do) or pay interest in one lump sum when repaying.

When paying interest

Borrow: interest payable

Loans: bank deposits