Accounting for short-term borrowing operations Short-term borrowing accounted for three main aspects: first, the treatment for short-term loans; second, interest on short-term loan interest; the third, the return of short-term loan deal. (1) for short-term loan deal enterprises from banks or other financial bodies to borrow money, they should sign a loan contract stating the loan amount, loan interest, and also money and time. For short-term borrowing, should be debited to Example 1: a company on January 1 borrowed to the Construction Bank 9-month repayment period, monthly interest rate of 6 ‰ borrowings 100,000 yuan. Should be prepared following the accounting entry: by: bank deposit 100000 loans: Short-term borrowings 100000 (2) short-term borrowings treatment of interest This is short-term loans accounting focus. Grasp the three points: First, the payment of interest on time. Short-term corporate borrowing from the bank interest paid usually quarterly on a regular basis; if from other financial institutions or related business borrowing,cheap jordan shoes, the borrower with interest on the principal amount at maturity generally with pay. Second, the interest recorded time. In order to properly reflect the actual situation of interest on loans, the accounting should be based on the accrual basis, accrued interest on a monthly basis; if the small amount actually paid in the month can be a profit or loss. Third, the accounting of the interest account. Interest on short-term borrowing costs be included in the accounts, accrued interest, interest payable in Direct payments of interest, in payment increased financial costs, and reduce bank deposits. There are two specific ways. ① withholding method in accordance with the accrual basis, the month should be provision for interest costs,mbt online bestellen, even if not paid in the month,MBT zapatos, should also be handled as a month's interest expense should be estimated cost of the end of the month the amount of interest, the withholding, debit, In the interest actually paid in January, according to the amount of interest has accrued, debit interest expense should be borne, debit,toma de MBT, Month in the actual payment of interest can also be based on actual interest paid debit By the end of the method to adjust the difference in accrued expenses, accrued expenses and a breakdown can fully reflect the accrued interest on borrowings and expenditures. Example 2: In accordance with Example 1 of the information,Not a happy day came _2419, the enterprises to adopt accrual accounting method for interest expense. The preparation of accounting entries are as follows: accrued interest expense (the first quarter, the first month) by: Finance costs - Interest expense 600 Credit: Accrued expenses 600 quarterly interest payment of quarter (third month) by: Accrued expenses 1200 Finance costs - Interest expense 600 loans: bank deposit 1800