Current location - Loan Platform Complete Network - Loan intermediary - Excuse me, how to do the accounting entries when the loan contract and the loan contract accrue interest and accrued interest respectively? Is the following correct?
Excuse me, how to do the accounting entries when the loan contract and the loan contract accrue interest and accrued interest respectively? Is the following correct?
What is the difference between a loan contract and a loan contract? If both are borrowed funds, the treatment should be the same, and withholding and accrual are the same thing.

Accrual/Accrual entries:

Debit: financial expenses-interest expenses

Loan: Accrued expenses-loan interest

When actually paid:

Debit: Accrued expenses-loan interest

Loans: bank deposits