The tax payable amount on the balance sheet is showing the total tax (GST) I have paid since the company account was started. This is affecting the current liabilities etc.
From the chart of accounts, tax payble total is correct.
It appeas that the balance sheet is incorrect as surely it should be showing the same number as the tax payable account.
From the chart of accounts, tax payble total is correct.
It appeas that the balance sheet is incorrect as surely it should be showing the same number as the tax payable account.