Larned Corporation recorded the following transactions for the just completed month. a. $79,000 in raw materials were purchased on account. b. $77,000 in raw materials were used in production. Of this amount, $69,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $115,000 were paid in cash. Of this amount, $104,300 was for direct labor and the remainder was for indirect labor. d. Depreciation of $194,000 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 View journal entry worksheet No Transaction General Journal 1 Raw materials Debit Credit 79,000 Accounts payable 2 b. Work in process Manufacturing overhead Raw materials 79,000 69,000 8,000 77,000 3 C. Work in process 104,300 Manufacturing overhead 10,700 Cash 115,000 4 d. Manufacturing overhead 194,000 Accumulated denrariation 104 000 1 points d. Depreciation of $194,000 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 View journal entry worksheet ellook No Transaction General Journal Debit Crect 1 a. Raw materials 79,000 Accounts payable 79,000 Hint 2 b. Work in process 69,000 Manufacturing overhead 8,000 Print Raw materials 77,000 0 References 3 a Work in process 104,300 Manufacturing overhead 10,700 Cash 115,000 4 d. Manufacturing overhead 194,000 194,000 Accumulated depreciation Check my work 10 1 points eBook d. Depreciation of $194,000 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.) Viewgransaction list Hint Print References $79,000 in raw materials were purchased on account. $77,000 in raw materials were used in production. Of this amount, $69,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $115,000 were paid in cash. Of this amount, $104,300 was for direct labor and the remainder. was for indirect labor. Depreciation of $194,000 was incurred on factory equipment. journal entry has been entered Note: Record entry Credit - 79,000 Clear entry View general journal