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Larned Corporation recorded the following transactions for the just completed month.

a$.$ Purchased $$71,000$ of raw materials on account.

b$.$ $$69,000$ in raw materials were used in production. Of this amount, $$57,000$ was direct materials and the remainder was indirect

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materials.

c$.$ Paid employees $$111,000$ cash. Of this amount, $$100,200$ was direct labor and the remainder was indirect labor.

d$.$ Depreciation of $$196,000$ was incurred on factory equipment.

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Record the above transactions in journal entries.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

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