1. In the account balance table, the interest received is included in the "bank deposit", that is, the interest received is added to the account balance.
2, increase the "interest income" subjects, record the interest.
3, the "interest income" and "tax payable" subjects at the same time, in order to accurately calculate the income tax.
4. The net amount of "interest income" is included in the "profit this year" account.
5. Record the net amount in the subject of "tax payable" in the subject of "tax payable".
6. Finally, subtract the tax paid from the "tax payable" account and record the balance in the "tax payable" account.
Interest income refers to the income that an enterprise provides funds to others for use but does not constitute equity investment, or that others occupy enterprise funds, including deposit interest, loan interest, bond interest, debt interest and other income. Interest income, according to the date of interest payable by the debtor as agreed in the contract, confirms the realization of income.
This course accounts for the interest income recognized by enterprises (finance), including the interest income of various loans (syndicated loans, trade financing, discounted cash, agreed overdraft, credit card overdraft, refinancing, advances, etc.). ), capital transactions with other financial institutions (central banks, peers, etc.). ), as well as buying financial assets for resale.
Development situation
The central bank announced that since March 18, 2007, the benchmark interest rate of RMB deposits and loans of financial institutions will be raised, and the benchmark interest rate of one-year deposits and loans will be raised by 0.27 percentage point. According to the calculation of listed companies that have disclosed their annual reports, this interest rate hike will affect the total profit by 0.54%.
Among the listed companies that have published annual reports, 2 14 companies have disclosed long-term loans, with a total amount of 9150.6 million yuan. If the benchmark interest rate of this one-year loan is raised by 0.27 percentage point, the interest expense will increase by 247 million yuan, accounting for 0.54% of the total profits of these companies, and the financial expense will increase by 250%.