You are doing it wrong; the sum of all accounts should always be zero.
In a certain dumb system used in English-speaking countries, instead of summing to zero, they play games with determining which account is a "credit" or "debit" and have to do the subtractions in the right way. This is for the job security of accountants.
In a sane system, you make external interests (owner's equity and loans/liabilities) negative-running accounts. E.g. if the business has $1000 equity and value of the business goes up by 10 dollars which does not come from a loan, then equity goes from ($1000) to ($1010) to offset that so the balance remains zero. If the 10 dollars came from a loan, then that loan account goes more negative by $10. E.g. loan goes to cash. Cash goes from $500 to $510. This comes from a new loan, so the account tracking that loan is ($10).
equity + liabilities + assets + .... every other account ... + cash = 0
Owner's equity is kind of a loan: the business "owes" that value to the owners. ("Owe" and "own" are related!)
I'm probably not understanding it fully, but the problem in TSLA accounting seems to be that assets they have not been sold are recorded in the books as undervalued.
In a certain dumb system used in English-speaking countries, instead of summing to zero, they play games with determining which account is a "credit" or "debit" and have to do the subtractions in the right way. This is for the job security of accountants.
In a sane system, you make external interests (owner's equity and loans/liabilities) negative-running accounts. E.g. if the business has $1000 equity and value of the business goes up by 10 dollars which does not come from a loan, then equity goes from ($1000) to ($1010) to offset that so the balance remains zero. If the 10 dollars came from a loan, then that loan account goes more negative by $10. E.g. loan goes to cash. Cash goes from $500 to $510. This comes from a new loan, so the account tracking that loan is ($10).
equity + liabilities + assets + .... every other account ... + cash = 0
Owner's equity is kind of a loan: the business "owes" that value to the owners. ("Owe" and "own" are related!)
I'm probably not understanding it fully, but the problem in TSLA accounting seems to be that assets they have not been sold are recorded in the books as undervalued.