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QUESTION 1: Bizri Corporation had the following transactions during its first month of operations: $ 85,000 Purchases of raw materials on account Materials requisitions: Direct

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QUESTION 1: Bizri Corporation had the following transactions during its first month of operations: $ 85,000 Purchases of raw materials on account Materials requisitions: Direct materials Indirect materials Labor incurred: Direct labor Indirect labor $ 24,000 $ 6,000 $ 126,000 $ 24,000 Requirement Journalize the above transactions for Bizri Corporation. (8 marks)

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