Accounting of loans and borrowings at grain-producing enterprises of the region

The deterioration of the economic situation in recent years has contributed to a decrease in the financial stability of enterprises and a decrease in the liquidity of their assets, which can jeopardize the solvency and the possibility of timely settlement of existing obligations. The internal reserves of enterprises are significantly limited, and therefore loans and borrowings become one of the optimal ways to attract additional resources. The study evaluates the status and accounting of loans and borrowings at grain-producing enterprises in the region on the example of Artel JSC of the Kursk region in 2020-2022. It is established that in Artel JSC, the share of borrowed sources of property formation is 37% in the total structure, while the share of the sustainable capital of the enterprise is at the level of 81%. Based on 1 ruble of borrowed funds, the volume of own resources in 2022 amounted to 1.69 rubles. The total volume of long-term borrowed funds of Artel JSC in 2022 exceeded 1 billion rubles, and short-term borrowed funds increased to 905.8 million rubles. In the structure of borrowed funds of the enterprise, long-term borrowed funds are leading, which forms a higher degree of financial stability and is especially relevant in the conditions of an increasing economic crisis.