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PayPal and national credit card companies charge a fee for their services. How do sellers report these transaction fees on their financial statements? As a
PayPal and national credit card companies charge a fee for their services. How do sellers report these transaction fees on their financial statements?
As a deduction from net sales revenue on the income statement
As selling expenses on the income statement
As cost of goods sold on the income statement
In current assets on the balance sheet
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