Azalea Company makes artificial flowers and reports the following data for the month. (Click the icon to view the data.) Journalize the entries relating to materials and labor. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing the entry for the purchase of materials on account. Date Accounts Debit Credit Next, journalize the entry to record raw materials used in production. Date Accounts Debit Credit Finally, journalize the entry to record the labor incurred in production but not yet paid. Date Accounts Debit Credit Date Accounts Debit Debit Accounts Payable Accounts Receivable Cash Next, journalizet Cost of Goods Sold Finished Goods Inventory Date Manufacturing Overhead Raw Materials Inventory Sales Revenue Wages Payable Work-in-Process Inventory $ 52,000 Purchases of materials, on account Materials requisitions: Direct materials Indirect materials Labor incurred (not yet paid): 44,900 700 Direct labor 23,500 Indirect labor 1,620