Help reg balance sheet and p&l

ALREADY ONE BALANCE SHEET AND P&l PREPARED, BASED ON THAT IF COST IS INCREASE 10 % AUTOMATICALLY PROFIT REDUCED, HENCE IN BALANCE SHEET LIABILITY SIDE REDUCED, SO PLEASE GUIDE ME.. HOW TO TALLY BALANCE SHEET ? DO I INCREASE OTHER LIABILITY OR DO I DECREASE ASSET SIDE WHICH IS GOO PRESENTATION THNX