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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

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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, $77,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $118,500 were paid in cash. Of this amount, $100,200 was for direct labor and the remainder was for indirect d. Depreciation of $193,000 was incurred on factory equipment labor 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 4 $36,000 in raw materials were purchased on account. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal

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