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Warner Company purchases $53,200 of raw materials on account, and it incurs $63,500 of factory labor costs. Journalize the two transactions on March 31. assuming

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Warner Company purchases $53,200 of raw materials on account, and it incurs $63,500 of factory labor costs. Journalize the two transactions on March 31. assuming the labor costs are not paid until Apnl.(Credit accounttitles are automatic Do not indent manually.)

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