Vine Limited is involved in the wine industry and during the last month, has had the following transactions: 

1 Payment of €800 to B Bottlers Limited for the purchase of glass bottles for cash. 

2 Payment of €500 to Sticky Labels Limited in respect of goods purchased last month on credit. 

What are the  ledger entries to record these transactions?

Answer rating: 100% (QA)

To record the transactions for Vine Limited we need to create ledger entries for each transac... View the full answer