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.
In bookkeeping terms, a contra asset account refers to an account which is offset against an asset account. As an asset account is normally a debit balance, a contra asset account will normally be a credit balance.When the two balances are offset against each other they show the net balance of both accounts.n bookkeeping terms, a contra asset account refers to an account which is offset against an asset account. As an asset account is normally a debit balance, a contra asset account will normally be a credit balance.