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 account to be debited is the asset account Accounts Receivable. Assuming the amount of the service performed is $400, the entry in general journal form is: Accounts Receivable is an asset account and is increased with a debit; Service Revenues is increased with a credit.