Alfies Furnaces, Inc., assigns $400,000 of direct labor costs to production during the current period. Alfies also
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Question:
Alfies Furnaces, Inc., assigns $400,000 of direct labor costs to production during the current period. Alfies also pays employees $380,000 during the period. What are the two journal entries used to record these transactions? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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