Larned 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, $71,000 was for direct materials and the remainder was for indirect materials.. c. Total labor wages of $119,500 were paid in cash. Of this amount, $102,900 was for direct labor and the remainder was for indirect labor. d. Depreciation of $198,000 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 $86,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Raw materials 86,000 Accounts payable 86,000 Record entry Clear entry View general journ < 1 2 3 4 $84,000 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. Work in process 71,000 Manufacturing overhead Raw materials Record entry Clear entry View general journ 2 3 4 Total labor wages of $119,500 were paid in cash. Of this amount, $102,900 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction C. General Journal Debit Credit Record entry Clear entry View general journ < 2 3 4 Depreciation of $198,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction d. General Journal Debit Credit View general journ Record entry Clear entry