Hello Community
I am looking for help on Paypal transactions (Canadian). I want an old fashion explanation please. Before QB, before computers...lol.. old school bookkeeping. Looking for original journal entries for when you sell a product on line thru paypal.
Debit Credit
Exp: Asset- Paypal Bank Account 95.00db
Revenue- Paypal Fee's 5.00db
Revenue- Online Sales 100.00cr
.......and any other following entries I have missed or correct me please. I do not want what the computer can do. I need to see all entries written out in journal format.
Thanks so much!!
