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Larned Corporation 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

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Larned Corporation 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, $60,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $119,000 were paid in cash. Of this amount, $101,900 was for direct labor and the remainder was for indirect labor. d. Depreciation of $192,000 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 $69,000 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 Credit Debit 60,000 b. General Journal Work in process Manufacturing overhead Raw materials Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry requ the first account field.) View transaction list Journal entry worksheet Total labor wages of $119,000 were paid in cash. Of this amount, $101,900 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction Debit Credit C. General Journal Work in process Manufacturing overhead Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" the first account field.) View transaction list Journal entry worksheet

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