Peachtree Accounting Problem 6-4
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Should I post my losses in General Journal? Sample of the transaction below; sold item at amazon.com
sale price $32.99
amazon fee 39.99
amazon commission fee 5.00
loss income of $12.00 this amount was charged with my credit card.
I posted in General Journal like this;
Amazon fees debit $44.99
Account Receivable credit $32.99
Account Payable credit $12.00
geniecats 1 month ago