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Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials were purchased on account. b. $87.000 in raw materials

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Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials were purchased on account. b. $87.000 in raw materials were used in production. Of this amount, $77,000 was for direct materials and the remainder was for indirect materials. . Total labor wages of $113,500 were paid in cash. Of this amount, $100,400 was for direct |abor and the remainder was for indirect labor. d. Depreciation of $193,000 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

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