Equity wrong?

dniezby daveniezby at yahoo.com
Sun Jan 29 10:46:02 EST 2012


Arne Hanssen wrote
> 
> 
> Seems to me that your equity balance is posted to debet instead of 
> credit (should be a negative value for credit).  In other words, you 
> have a negativ equity...
> 
> 
What !?  He clearly has a positive equity.

Negative would be in ()

It's simple math here, nothing complicated.  I think he's just
misunderstanding what equity IS. 
The first reply was correct. Your equity total is fine.

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