Balance of goods coming in negative while using Basic Accounting equation

Anurag Gupta (Service) (41 Points)

17 May 2021  

I was solving a question related to posting of Journal entry for given question. Out of curiosity, I tried to solve it using basic accounting equation i.e. Assets = Liability+ Capital. After completing it I found that Goods balance is in negative. I am sure that I have not made any mistake in it (file attached). Have i done something wrong during the process? If not what does the negative sign signify?

Solution: