Line 9931 - Total business liabilities

A liability is a debt or obligation of a business. Therefore, total business liabilities are the total of all amounts your business or professional activity owes at the end of its fiscal period. Total business liabilities include:

• accounts, notes and taxes payable;
• unpaid salaries, wages, and benefits;
• interest payable;
• deferred or unearned revenues;
• loans and mortgages payable; and
• any other outstanding balance related to the business.

Forms and publications

• Guide T4002, Business and Professional Income
• Form T2125, Statement of Business or Professional Activities

Date modified:

2016-01-05