Larned Corporation recorded the following transactions for the just completed month. a. $78,000 in raw materials were purchased on account. b. $76,000 in raw materials were used in production. Of this amount, $66,000 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, $104,400 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 < 2 3 4 $78,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal