$15,000 will be debited to Cost of goods sold and $15,000 will be credited to Inventory.
According to the PayPal website, â¦ allowing you to log in to your PayPal account. For premier and business accounts, â¦ bank accounts must be verified by filling in the routing number and bank account number, â¦. Step 4. Choose âCheckingâ or âSavingsâ to define the type of Chase account you want to use. Enter the routing number of your bank, which you can find on the bottom left of your check.
You can then answer your security questions and have the password sent to your email address, allowing you to log in to your PayPal account. For premier and business accounts, a merchant ID number is provided. It is a unique number primarily used for ID verification in the case of credit card transactions.