Retained Earnings
On a balance sheet, Members' Deficit indicates that there is a lack of equity for the company's capital investors. Usually this account would be known as members' equity, but because the said equity is negative there exist instead a deficit.
Under the liabilities section of the balance sheet?
HST paid goes on the credit side or expenses on the balance sheet
Current liabilities.
asset side
liability
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.
It has a balance of payments deficit.
No.
Long term = non current Payable = liability Therefore, I would put it under the Non-Current Liabilities heading in the balance sheet.
In the liability section of the balance sheet. Generally showing short terms portions separately from long term portions.
Defferred tax asset is shown in assets side of balance sheet under head of other assets.