[Solved] Warner Company purchases $50,000of raw ma

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Warner Company purchases $50,000of raw materials on account, and it incurs $60,000of factory labor costs. Journalize the two transactions on March 31, assuming the labor

Warner Company purchases $50,000of raw materials on account, and it incurs $60,000of factory labor costs.

Journalize the two transactions on March 31, assuming the labor costs are not paid until April

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