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How do I claim the money for my eBay sales from my PayPal account?
Wiki User
∙ 15y ago
When a buyer pays you with PayPal, the money (less the PayPal fee) goes into your PayPal account. From there, you can either use the funds to pay for your own online purchases (assuming that the seller accepts PayPal), or you can draw the money down into your own bank account. To withdraw the money, log into PayPal and use the Withdraw tab and you can then select how much you want to transfer to your bank account. Once initiated, it takes a few days for the money to arrive. If you aren't already "PayPal verified", you'll need to go through this process before you can withdraw any funds and you'll find information on how to become verified once you log into your PayPal account.
Wiki User
∙ 15y ago
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What is account sales?
A sales account is an account used for cash and credit sales for a specific period of time. It can also be an account that brings money from outside into a firm.
A claim against a customer for sales made on credit is an account payable?
yes
Can all sales on Craigslist payments be received by PayPal?
Only if the seller acceps paypal.
How does PayPal invoice work?
A PayPal invoice is a more detailed way of requesting payment from someone else. You can include individual item descriptions and costs, shipping fees, and sales tax. You specify the email address of the customer and PayPal will send the invoice my email. Then the customer can click on a payment option to use either their PayPal account or their credit card to make payment.
Can Craigslist sales payments be received through PayPal?
yes craiglist payments can go through paypal as long as you and the buyer have a paypal account.
What is a normal balance account of a Sales discount?
Sales discount account has debit balance as it causes the reduction of sales and hence a contra account of sales revenue account.
What are the eight types of business transaction?
cash sales, credit sales,purchase on account,collection from sales on account,settlement of purchase on account, direct purchase on cash,installment sales and installment payment
Is sales a perment account?
No, Sales is not permanent account as sales are closed to profit and loss account at the end of fiscal year.
What is the difference between sales account and account sales?
when revenue is earned from charge-account sales, the accountant debits __________ and credits___________
What type of account is a sales discount?
A sales discount account is a contra-revenue account.
Why are cash sales not recorded in the sales ledger control account?
a ledger account if made for credit sales.
How can one set up a business to accept credit card payments?
In order for one's business to accept credit card payments, one needs to open up a merchant account. A merchant account can be setup either with a bank, PayPal, or an independent sales organization.
