The accountant of Brown Ltd has calculated that the company should report in its profit and loss account a tax charge of £8,000 based on the taxable profit of the period. Of this amount, £6,000 will be payable nine months after the accounting year-end but £2,000 may be deferred for payment in a period estimated at between three and five years after the accounting yearend. Using the accounting equation explain how this information will be reported in the financial statements of Brown Ltd?