Question 2 of 10 View Policies Date Mar. 31

Pharoah Manufacturing purchases $75,200 of raw materiais on account, and it incurs $80,600 of direct labour costs. Journalize the two transactions on March 31 assuming the labour costs are not paid until April. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)