Hey @Gaurav2k,
When reporting a balance sheet it is mandatory to match your Asset with your Liabilities. The most common ways taxpayers use to match both in the balance sheet - by adding the following under liabilities:
- Proprietor’s Capital i.e. the amount that you bring into the business activity.
- The amount that you have borrowed to start the business activity under
- Loans Received usually used for long term loans
- Current liabilities > Creditors usually used when adding short term loans
