a. Purchased $77,000 of raw materials on account. b. $75,000 in raw materials were used in production. Of this amount, $68,000 was direct materials and the remainder was indirect materials. c. Paid employees $129,500 cash. Of this amount, $103,800 was direct labor and the remainder was indirect labor. d. Depreciation of $191,000 was incurred on factory equipment. Required: 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. Journal entry worksheet Total labor wages of $129,500 were paid in cash. Of this amount, $103,800 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Larned Corporation recorded the following transactions for the just completed month. a. Purchased $77,000 of raw materials on account. b. $75,000 in raw materials were used in production. Of this amount, $68,000 was direct materials and the remainder was indirect materials. c. Paid employees $129,500 cash. Of this amount, $103,800 was direct labor and the remainder was indirect labor. d. Depreciation of $191,000 was incurred on factory equipment. Required: 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. Journal entry worksheet Note: Enter debits before credits. a. Purchased $77,000 of raw materials on account. b. $75,000 in raw materials were used in production. Of this amount, $68,000 was direct materials and the remainder was in materials. c. Paid employees $129,500 cash. Of this amount, $103,800 was direct labor and the remainder was indirect labor. d. Depreciation of $191,000 was incurred on factory equipment. Required: 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. Journal entry worksheet $75,000 in raw materials were used in production. Of this amount, $68,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Larned Corporation recorded the following transactions for the just completed month. a. Purchased $77,000 of raw materials on account. b. $75,000 in raw materials were used in production. Of this amount, $68,000 was direct materials and the remainder was indire materials. c. Paid employees $129,500 cash. Of this amount, $103,800 was direct labor and the remainder was indirect labor. d. Depreciation of $191,000 was incurred on factory equipment. Required: 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. Journal entry worksheet 4 $77,000 in raw materials were purchased on account. Note: Enter debits before credits