Loans received:
Debit: bank deposit,
Credit: other payables.
Withdraw loan interest:
Borrow: financial expenses or projects under construction,
Credit: other payables.
Payment of loan interest and repayment of principal:
Debit: other payables,
Loan: bank deposit.
If the loan is entrusted by the bank, the entry is as follows:
Loans received:
Debit: bank deposit,
Loan: short-term loan or long-term loan.
Withdraw loan interest:
Borrow: financial expenses or projects under construction,
Loan: Interest payable.
Payment of loan interest:
Borrow: interest payable,
Loan: bank deposit.
Principal repayment:
Borrowing: short-term borrowing or long-term borrowing,
Loan: bank deposit.