Replies to post #36258 on XpresSpa Group Inc (XSPA)

[mayormcslayer]

I'm sorry but I have to take this one.

Double entry accounting. Debit the asset. What do you propose they credit?

[mayormcslayer]

I'll give you a hint. It starts with an R, goes on the income statement, and therefore onto the balance sheet in the equity section. But I clearly don't need to explain how financial reporting works to you.