Larned Corporation recorded the following transactions for the just completed month. a. $77,000 in raw materials were purchased on account. b. $75,000 in raw materials were used in production. Of this amount, $65,000 was for direct materials and the remainder was for Indirect materials. c. Total labor wages of $117,500 were paid in cash. Of this amount, $103,500 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 3 4 $77,000 in raw materials were purchased on account. < Prev 6 of 11 Next > View transaction list Journal entry worksheet < 1 2 3 4 eBook $77,000 in raw materials were purchased on account. Hint Print Note: Enter debits before credits. References Transaction General Journal Debit Credit a. Mc Graw Hill Record entry Clear entry View general journal < Prev 6 of 11 Next > ook int View transaction list Journal entry worksheet < 1 3 4 $75,000 in raw materials were used in production. Of this amount, $65,000 was for direct materials and the remainder was for indirect materials. Print erences Note: Enter debits before credits. Transaction b. Mc Graw Hill General Journal Debit Credit Record entry Clear entry View general journal < Prev 6 of 11 Next > View transaction list Journal entry worksheet < 1 2 Total labor wages of $117,500 were paid in cash. Of this amount, $103,500 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. 25 Transaction General Journal Debit Credit C. Record entry Clear entry View general journal < Prev 6 of 11 Next > View transaction list Journal entry worksheet < 1 2 3 Depreciation of $191,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction d. General Journal Debit Credit Record entry Clear entry View general journal < Prev 6 of 11 Next