The following two accounting treatment methods can be considered for the pledged loan: he still keeps accounts in the bank deposit account, and does not keep accounts separately, but it is explained in the notes to the statements; Or transferred to other monetary fund accounts and reflected separately in the statements. Purpose of pledge loan: used to buy houses, automobiles, large-scale durable consumer goods, used for household decoration, education and other consumer needs, and used for the funds needed for normal operation.

legal ground

Article 440th of the Civil Code stipulates that the following rights that the debtor or a third party has the right to dispose of can be pledged:

(1) Bills of exchange, promissory notes and checks.

(2) Bonds and certificates of deposit.

(3) Warehouse receipts and bills of lading;

(4) Transferable fund shares and equity;

(5) Transferable intellectual property rights such as the exclusive right to use a registered trademark, patent right and copyright;

(6) Existing and future accounts receivable;

(7) Other property rights that can be pledged according to laws and administrative regulations.