Task Team of FUNdaMENTAL aCCOUNtIng School of Business. Sun Yat-sen University Assets = Liabilities equity S7,46=S9.704+S(2,288 Required Discuss how liabilities can be greater than assets and how equity can be negativTask Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Assets = Liabilities + Equity $7,416 = $9,704 + $(2,288) Required Discuss how liabilities can be greater than assets and how equity can be negative