[GNC] Question about the accounting equation in the GnuCash guide

[David G. Pickett]

I look on it as:
    Net Worth = Equity + Assets - Liabilities
where Equity is softer assets like the value of a business if sold, but Assets are solidly accounted balances owed to you.  Of course, a negative Liability is as good as a positive Asset, but accounts are stuck with their category as Asset or Liability with an assumed sign against Net Worth.

I am sure this will upset the properly trained accountants!