Basic Accounting Knowledge: Interest Payable

1. This subject deals with paction financial assets, held to maturity investments, available for sale financial assets, loans and central banks.

The interest earned by an enterprise during the period from the holding of a debt service to the maturity of its investment and its holding period is accounted for in the "holding to maturity investment" subject.

Two, the accounts can be calculated in detail according to the borrower or the invested unit.

Three, the main accounting treatment of interest receivable.

(1) the paction financial assets acquired by an enterprise shall be debited according to the interest that has been paid to the interest paid but not yet received.

(two) the acquired hold to maturity investment shall be debited according to the face value of the investment, and the subject of "holding to maturity investment cost" shall be debited according to the interest that is included in the payment price and the interest that has been paid to the interest rate but not yet received. In the actual payment amount, credits such as "bank deposit", "deposit central bank funds" and "settlement reserve fund" shall be credited, and the subject of "holding to maturity investment interest adjustment" shall be debited or credited according to its difference.

On the balance sheet date, if the investment is held at maturity or at maturity, the interest received shall be calculated on the basis of the coupon interest rate, which is calculated on the basis of the coupon interest rate. It will be debited to this subject, and the interest income calculated according to the amortized cost and the actual interest rate of the holding to maturity investment shall be credited to the subject of "investment income". The subject of "holding to maturity investment interest adjustment" shall be debited or credited according to its difference.

Where an investment with a maturity or maturity investment is invested in a debt service and interest bearing debt, it shall be debited on the balance sheet date at the coupon interest rate, and the debited "held to maturity investment accrued interest" subject shall be credited to the "investment income" subject according to the interest income calculated from the holding and maturity investment stall Yu Chengben and the real interest rate. The subject of "holding to maturity investment interest adjustment" shall be debited or credited according to its difference.

(three) the available bonds for sale can be handled in accordance with the relevant provisions of (two).

(four) interest income from impairment to maturity investments and bonds available for sale can be dealt with in accordance with the relevant provisions of the "loan" subject.

(five) loans issued by an enterprise shall be calculated on the balance sheet date according to the principal and contract interest rates of the loan. The interest shall be debited, the interest income calculated according to the amortized cost and the real interest rate of the loan shall be calculated, and the interest income account shall be credited, and the loan interest adjustment account shall be debited or credited according to the balance.

(six) when interest receivable is actually received, debits of "bank deposit" and "deposit of central bank funds" are credited to this subject.

Four. The debit balance at the end of the subject reflects the interest that the enterprise has not yet withdrawn.