Term Liabilities

Wrong entry. Nothing shows negative. For example, some erp uses double entries and if you post a reverse transaction it could display negative balance. 

For example, if you purchased a car for 1,000 which has a car ledger created, if you double the amount in reverse journal like 

Cash a/c 2,000

To Car a/c 2,000

instead of 

Car a/c 1,000

To Cash 1,000

then, a negative value could be displayed as I also had seen such a negative balance but can’t remember  what it is. Usually there are no negative values when you look up at account summary.