What do you mean by equity? Are you referring to equities like stocks
and shares, or are you referring to owner equity like on a company
balance sheet? The former type are assets, and appear as debits
("positive" amounts), whereas the latter type is usually a credit
("negative" amount) on the balance sheet. The latter type is, at it
were, "amounts owed to shareholders". You could say, if you like, that
it IS a liability. So, in that sense, it's always the case that assets
= liabilites. It depends what you consider the liabilities to be. The
principals of double-entry bookkeeping aren't broken.
ledger-cli would be fully able to keep track of what's going on,
although you'd have to know what you're doing.
I hope that helps a little.
