well, from the old double entry bookkeeping days: A deposit received by a company is recorded as both an asset and a liability of the same value. The assets ar

well, from the old double entry bookkeeping days: A deposit received by a company is recorded as both an asset and a liability of the same value. The assets are then used to create revenue and anything that has to be paid to the depositor are expenses. When the deposit is withdrawn, the asset and the liability both decrease.