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Current Attempt in Progress Sunland Company purchases $47,000 of raw materials on account, and it incurs $56,400 of factory labor costs. Journalize the two

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Current Attempt in Progress Sunland Company purchases $47,000 of raw materials on account, and it incurs $56,400 of factory labor costs. Journalize the two transactions on March 31, assuming the labor costs are not paid until April. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 31 (To record raw materials purchased) (To record factory labor costs) Save for Later Debit Credit Attempts: 0 of 1 used Submit Answer

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