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.
The entry is: Accounts Receivable Debit. Sales Credit. The reason is: The client is buying on account or paying later, which makes it an Accounts Receivable, which is an asset. When an asset increases, it is a Debit. A sale is considered Revenue or Income, which is shown as REVENUE on the chart.