Balance sheet with hst. Hst paid goes on the credit side or expenses on the balance sheet. To correct the opening balance of my hst accounts. Get the latest balance sheet from zacks investment research.
There was an additional approximately 1000. Updated quarterly balance sheet for host hotels resorts inc. In canada the balance sheet format lists each group directly under the other in the order shown.
When i calculated the year end hst in dec i discovered that we had overpaid our hst installments by around 2000. Normally if you want the balance sheet to show what is owing you really have to do nothing. If you are a visual learner this sample financial report of a very basic balance sheet may be helpful to you.
Host hotels resorts inc. You can get a look at what an actual. T2sch100 balance sheet information 1998 and later tax years for best results download and open this form in adobe reader.
Assets liabilities owners capital. The balance sheet is a baramotre of your cash position and viewed as a series of documents the balance sheet can help you understand when you are getting paid how much inventory you are holding and how much debt you have. Inluding hst assets cash debt liabilities shareholder equity investments retained earnings and more.
The balance sheet is usually presented in one of two formats. Hst on the balance sheet hst recoverable is recorded on the balance sheet as a contra liability account. A contra account is an account that has a balance that is unlike the others in the same category.
By default that is what it does. See general information for details. Check out the financial snapshot for possessions debts and capital invested at a particular date.