How can reserves and surplus be negative?

Related questions

1. Can opening balance equity be negative?
2. Is opening balance equity a debit or credit?
3. What is equity value of a home?
4. Is Market Cap Equity Value?
5. How do you know the market value of your home?
6. What is difference between enterprise value and equity value?
7. What affects equity value?
8. Can equity value negative?
9. What does cost of equity mean?
10. What is the opening balance equity account?

Tags

1. #shown
2. #surplus
3. #reserve
4. #makes
5. #there
6. #debit
7. #losses
8. #sheet
9. #balance
10. #accumulated
11. #reserves
12. #business
13. #depicts
14. #profit
15. #asset
16. #company
17. #negative
18. #liability