Please i need to know the technical journal entries for recording a JV for a loan accorded by a company to its customers in all stages (i.e. When Selling the service or loan+Settlement from customer + Loan Interest + when final Settlement) Lets Take for example an ABC Co. (Financial Institution) who has credit a customer X a loan for total amount of 250000 USD for buying a house and furnishing it. Loan Interest is 25% for 5 Years. In order to give him the loan, ABC has earned from customer a guaranty which is a land that he owns that worths 300000 USD (Present Value). I need the specific accounts to use in this case, what i mean is that these kind of companies use special ledger accounts for recording its loan. Please i need your help!!!!