Accounting treatment: "Accounting System for Enterprises" stipulates: "The entrusted loans of enterprises shall be accounted as short-term investments, and interest shall be accrued on schedule. However, if the interest receivable has not been recovered due, the interest shall be stopped and the confirmed interest income shall be transferred back, and the transferred interest amount shall be registered in the memorandum book.
In the future, when the interest of interest income has been recovered, the principal of the entrusted loan will be deducted; Only when the principal can be recovered can the investment income of the entrusted loan be confirmed. At the end of the period, the enterprise entrusted loans shall be provided with corresponding impairment reserves according to the asset impairment requirements. According to the provisions of the new accounting standards, enterprises can set up "entrusted loans" and "entrusted loan loss reserve" subjects. Specific accounting treatment is as follows:
(1) When the entrusted bank issues loans, it borrows: entrusted loans-principal, and loans: bank deposits.
(2) When does interest accrue? Debit: entrusted loan-interest, loan: investment income-entrusted loan interest income.
(3) Interest received from bank loans (after deducting relevant taxes and fees): bank deposits, loans: entrusted loans-interest.
(4) When the principal and interest are recovered at maturity, they are borrowed from: bank deposits, loans: entrusted loans-principal investment income-entrusted loan interest income.
(5) Reserve for entrusted loan losses. Debit: investment income-entrusted loan loss reserve, and loan: entrusted loan loss reserve.