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Business, 24.02.2020 17:28 limelight11

Sheridan Company purchases $52,900 of raw materials on account, and it incurs $63,400 of factory labor costs. Journalize the two transactions on March 31, assuming the labor costs are not paid until April. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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Sheridan Company purchases $52,900 of raw materials on account, and it incurs $63,400 of factory lab...
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