The problem:
The principal and interest of loans, should be listed in the balance sheet and income statement?

Answer.
1 entrusting the principal amount of the loan, in the balance sheet should be on the basis of the loan period, respectively, in the "other assets", "a
Year of non current assets "," other non current assets "listed in.
According to the actual interest rate method to calculate the accrued interest, if according to the contract, agreement should installment payment and payment period is less than or equal
In one year, shall be shown separately in "interest receivable" project; belongs to a debt due, should be listed in the corresponding
Entrusted loan principal the same project.
In the notes to financial statements, should be entrusted to the borrowers, the principal amount, interest rate, term, guarantee conditions, reduction
Value matters such as making full disclosure.
Interest income of 2 loans according to the accrual basis and the actual interest rate method for the general provision, non financial enterprises
Words, in the income statement as "other income" item; the corresponding business tax and surcharges in the "business tax and
Additional "item.

Conclusion the basic:
1 loans as belonging to a category of financial assets are
Enterprise financial institutions entrusted to grant the loan, because there is no active market, usually not half-way before due date assignment.
And entrusted loans as a creditor, the due receivable amount is fixed or determinable. According to the "accounting standards for enterprises application guide appendix" to "loan" in the definition of loan explanation: enterprise commissioned by the bank or other financial institutions to other units loans, the loans subject to "1303 entrusted loan" subjects.

According to the types of loans, loan account customers, respectively, "principal", "the adjustment of interest", "impaired" accounting for details.

2 loans and interest in the financial statement presentation

The balance sheet is not individual projects to be reported, and entrusted loan is different from the general account, therefore in the balance sheet, to entrust the principal amount of the loan, according to the loan period, respectively, in the "other assets", "a year of non current assets," "other non current assets" listed in.

(2) the entrusted loans under the new accounting standards are no longer defined as an "investment", so the interest income is not
Presented as "investment income". On the other hand, the interest income loans to meet the "accounting standards for Enterprises No. fourteenth-
- income "to" define Abalienating the right to use assets "and the confirmation of the condition, therefore belongs to the" Enterprise Accounting Standards No.
Specification range 14 -- income ". In view of the entrusted loans for the majority of the general non financial enterprises are not the main business,
Therefore entrusted loan interest income in the income statement as "other income" presentation; accordingly, according to the provisions of the tax law
To calculate and pay business tax and additional in the newspaper profit statement on "business tax and surcharges" project.

Accounting treatment:

Bank loans,
   Borrow: other current assets - entrusted loans - the principal
　　 Borrow: bank deposit
(2) accrued interest
   Borrow: interest receivable
　  Other business income - commissioned loan: loan interest income
(3) received turn to bank loan interest (has withheld relevant taxes)
   Borrow: bank deposit
　　 Credit: interest receivable
(4) recover the principal and interest
   Borrow: bank deposit
   Loans: Loans -- the principal other current assets -
  Investment income - commissioned loan interest income
   (5) provision for loan loss
     Borrow: other business expenses - commissioned loan loss reserve
         Other current assets - commissioned loan: loan loss provision