a $74,000 in raw materials were purchased on account. b. $72,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials C. Total labor wages of $124,500 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor d. Depreciation of $190,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet es < 1 2 3 $74,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction a General Journal Debit Credit A a. $74,000 in raw materials were purchased on account. b. $72,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $124,500 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor. d. Depreciation of $190,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 3 4 $72,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Transaction b. General Journal Debit Credit a. $74,000 in raw materials were purchased on account b. $72,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $124,500 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor d. Depreciation of $190,000 was incurred on factory equipment Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Total labor wages of $124,500 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction General Journal Debit Credit a. $74,000 in raw materials were purchased on account. b. $72,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $124,500 were paid in cash. Of this amount, $101,100 was for direct labor and the remainder was for indirect labor d. Depreciation of $190,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Depreciation of $190,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction d General Journal Debit Credit