Equity wrong?

[MAD King]

d> I think he's just misunderstanding what equity IS.

Indeed I do. May someone would be so nice and explain it to me?

Thank you





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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