Due From Account

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Dictionary Says

Definition of 'Due From Account'

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.


Investopedia Says

Investopedia explains 'Due From Account'

The general ledger is the centralized source that contains all the financial accounts for a company. It contains debit and credit accounts, including the due from account, which is a debit account. The due to account is also sometimes referred to as intercompany receivables in the chart of accounts.
Search results for

'Due From Account'

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    ... into the domestic economy, the latter must eventually pay out the returns due to
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  • Understanding The Current Account In The Balance Of Payments

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    ... suspension of foreign government assistance, perhaps due to political tensions,
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  • What is the short/current long-term debt account on a company's ...

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    ... Debt that is to be paid off at some point after the next 12 months is held in the
    long-term debt account. Due to the structure of some corporate debt (both ...
  • Procrastinator's Guide To Bill Payment

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    ... If you don't have enough money in your account to regularly pay all of the bills
    due before your next paycheck, contact your creditors to change a couple of ...
  • Delayed Interest: Buy More, Pay Much More Later

    http://www.investopedia.com/articles/pf/10/delayed-interest.asp
    ... The laptop buyer decides to make zero payments until the $3,000 is due, meanwhile
    keeping $3,000 in a savings account that earns 2% interest. ...
  • Preparing For Retirement Plan RMD Season

    http://www.investopedia.com/articles/retirement/03/102203.asp
    ... If you are a Traditional IRA owner, your IRA custodian must notify you when an RMD
    is due from your account for the year, and is also required to either ...
  • Understanding Mortgage Impound Accounts

    http://www.investopedia.com/articles/mortgages-real-estate/09/mortgage-impound-accounts.asp
    ... Therefore, homeowners should be aware of the due dates for these payments and ... Tax
    for ways to reduce your tax bill.) Although the impound account is designed ...
  • The Plaza Accord: The World Intervenes In Currency Markets

    http://www.investopedia.com/articles/forex/09/plaza-accord.asp
    ... The purpose was to force the United States to devalue its currency due to a current
    account deficit approaching an estimated 3% of GDP according to Paragraph 6 ...
  • Separately Managed Accounts: A Mutual Fund Alternative

    http://www.investopedia.com/articles/mutualfund/08/managed-separate-account.asp
    ... A comprehensive due diligence will elicit sufficiently detailed information regarding
    all the ... useful area of information here is client and account services. ...
  • Series 6 Question of the Week 10/28/2005 | Investopedia

    http://www.investopedia.com/professionals/questionoftheweek/series6/102805.asp
    ... account produced earnings of $6,000. The taxes due on the account are
    based on whose tax bracket? a) The grandfather’s, because ...

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