Lamed Corporation recorded the following transactions for the just completed month. a. $86,000 in raw materials were purchased on account. b. $84,000 in raw materials were used in production. Of this amount, $70,000 was for direct materials and the remainder was for Indirect materials. c. Total labor wages of $120,000 were paid in cash. Of this amount, $104,500 was for direct labor and the remainder was for indirect labor. d. Depreciation of $199,000 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 Est Journal entry worksheet 2 3 4 $86,000 in raw materials were purchased on account. Nate Enter debits before cons Transaction General Journal Debit Credit Record entry Clear entry View general Journal ournal entry worksheet 1 2 3 4 $86,000 in r Note: Enter debit Transaction a No journal entry required Accounts payable Accounts receivable Accumulated depreciation Cash E Debit Credit 1 2 3 86,000 in r te: Enter debit Cash Cost of goods sold Depreciation expense Finished goods Manufacturing overhead Transaction a EL Debit Cred 00 in 4 Manufacturing overhead Raw materials Sales Selling and administrative expenses ter debit Wages payable action Work in process Debit Cre Journal entry worksheet < 1 2 3 $84,000 in raw materials were used in production. Of this amount, $70,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Transaction b. General Journal Debit Credit Record entry Clear entry View general journal View transaction let Journal entry worksheet < 2 3 Total labor wages of $120,000 were paid in cash. Of this amount, $104,500 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction 0. General Journal Debit Credit Record entry Clear entry View general Journal Journal entry worksheet 1 2 3 Depreciation of $199,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal