Journalize the entries to record the following selected equity investment transactions completed by Flurry Company during the current year.Flurry's purchase represents less than 20% of the total outstanding Braxter Co.stock. 
Definitions:
Direct Labor
Direct labor involves the work of employees that can be directly attributed to the production of specific goods or services.
Direct Materials
The raw materials that are traceable directly to the production of a specific good or product, forming an integral part of the finished product.
Conversion Costs
The combined costs of direct labor and manufacturing overheads incurred to convert raw materials into finished goods.
Direct Materials
Primary elements that are directly involved in the production process of particular products or services.
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