Sewing is the craft of fastening or attaching objects using stitches made with a needle and thread. Sewing is one of the oldest of the textile arts, arising in the Paleolithic era.
What is a 'Due From Account'. A due from account is an asset account in the general ledger that indicates the amount of deposits currently held at another company. The due from account is typically used in conjunction with a due to account to reconcile which accounts the money is due from and due to.
A clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account.An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period. clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account.