Debit: bank deposit loan: short-term loan to repay accounts payable. Debit: accounts payable loan: bank deposit.
Other accounting treatments related to short-term loans.
(1) When accrued interest: debit: financial expenses-interest loan: interest payable.
(2) When paying interest: borrow: interest payable loan: bank deposit.
(3) When repaying the loan principal: borrowing: short-term borrowing: bank deposit.
(4) If the accrued unpaid interest is paid at the same time as the loan repayment date:
Borrow: short-term loan, interest payable
Loans: bank deposits
Main accounting treatment of accounts payable
(1) If the materials and commodities purchased by the enterprise are collected into the treasury, but the payment has not been paid, the "material procurement" subject shall be debited according to the relevant documents (the actual price or provisional estimated value recorded on the invoice bill and the accompanying invoice), and the subject shall be credited according to the payable price. When an enterprise purchases goods, when the supplier makes up for the loss caused by insufficient payment when delivering the goods, the debit will be recorded in the "accounts payable" and the credit will transfer the corresponding amount from the "profit and loss of pending property".
(2) The unpaid amount of the services provided by the supplier shall be debited to the subjects such as "production cost" and "management expense" according to the invoice bill of the supplier and credited to this subject. When paying, debit this account and credit "bank deposit" and other subjects.
(III) If the after-sale repurchase is used for financing, when goods and other assets are issued, the subjects such as "bank deposits" and "accounts receivable" shall be debited according to the amount actually received or receivable, and the subject of "tax payable-value-added tax payable (output tax)" shall be credited according to the value-added tax amount indicated on the special invoice, and the difference shall be credited to this subject. The difference between the repurchase price and the original sales price shall be accrued with interest expenses on schedule during the after-sale repurchase period, debited to the subject of "financial expenses" and credited to this subject.
When repurchasing commodities, the account shall be debited according to the price of the repurchased commodities, the account of "tax payable-value-added tax payable (input tax)" shall be debited according to the deductible value-added tax, and the account of "bank deposit" shall be credited according to the actual amount paid.
(4) When an enterprise reorganizes its debts with its creditors, it shall make accounting treatment according to different situations.