A company recorded the following transactions for the just completed month. a. $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $127,500 were paid in cash. Of this amount; $100,800 was for direct labor and the remainder was for indirect labor d. Depreciation of $191,000 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 $71,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal A company recorded the following transactions for the just completed month. a. $71,000 in raw materials were purchased on account. b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $127,500 were paid in cash. Of this amount, $100,800 was for direct labor and the remainder was for indirect labor d. Depreciation of $191,000 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 3 $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal A company recorded the following transactions for the just completed month. a. $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $127,500 were paid in cash. Of this amount, $100,800 was for direct labor and the remainder was for indirect labor. d. Depreciation of $191,000 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 4 Total labor wages of $127,500 were paid in cash. Of this amount, $100,800 was for direct labor and the remainder was for indirect labor Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal > A company recorded the following transactions for the just completed month. a $71,000 in raw materials were purchased on account. b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $127,500 were paid in cash. Of this amount, $100,800 was for direct labor and the remainder was for indirect labor. d. Depreciation of $191,000 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 3 4 Depreciation of $191,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal