$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.
Log into PayPal and follow the remaining instructions that require you to enter your bank account information. You can set up a business PayPal account with either a personal or business bank account. Enter the name of your bank along with the personal or business account number and routing number as instructed.