That will be in the equity part. Regardless of whether the company made a profit or loss it is taken to retained earnings where a loss will just reduce retained earnings.
In case of profit Liability side. In case of loss Asset side.
its a loss
Bank overdraft is shown in balance sheet either as a negative amount of bank in asset side or at liability side of balance sheet.
whenever net loss is done we shown assets side under head miscelenious asets to written off
With non-profit organisations, when the balance sheet doesn't show a loss, but what would be classified a profit for profit organisations, it is called a surplus. When it is what would be considered a loss for profit organisations, it is called a deficit.
Profits or loss are part of capital all credits and liabilities are shown in liabilities side of balance sheet same way all debits and assets are shown under assets side of balance sheet.
Loss is shown in asset side of business as other asset because it has debit balance and reverse of profit which has credit balance.
Loss is shown under asset side of business as it has debit balance and reverse of profit which is shown under owner equity section.
Net profit doesn't appear in a balance sheet, it only appears in an income statement.
It would be shown as Debit Balance of Profit & Loss Account on Asset side
Profits and liabilities are both credit entries on a balance sheet. They show how the assets (debits) of the company have been generated.
In balance sheet asset side