Due To/Due From Sample Accounting Entries

Business Transaction

Financial Transaction

Company 1 Cash

Company 1 Receivable

Company 2 Receivable

Company 1 Deferred Revenue

Company 2 Deferred Revenue

Company 2 Due From Company 1

Company 1 Due To Company 2

Order with two lines from different companies

Sales for Company 1 Order Line

 

120 Dr

 

120 Cr

 

 

 

Sales for Company 2 Order Line

 

 

10 Dr

 

10 Cr

 

 

Receipt of entire order for $130 into Company 1

Receipt for Company 1 for Order Line

120 Dr

120 Cr

 

 

 

 

 

Receipt for Company 2 for Order Line

10 Dr

 

10 Cr

 

 

10 Dr

10 Cr