Larned Corporation recorded the following transactions for the just completed month. $81,000 in raw materials were purchased on account. $79,000 in raw materials were used in production. Of this amount, $71,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $117,500 were paid in cash. Of this amount, $101,200 was for direct labor and the remainder was for indirect labor. Depreciation of $195,000 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.)

Journal entry worksheet

• $81,000 in raw materials were purchased on account.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
a.

• $79,000 in raw materials were used in production. Of this amount, $71,000 was for direct materials and the remainder was for indirect materials.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
b.

• Total labor wages of $117,500 were paid in cash. Of this amount, $101,200 was for direct labor and the remainder was for indirect labor.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
c.

• Depreciation of $195,000 was incurred on factory equipment.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
d.