Larned Corporation recorded the following transactions for the just completed month a $72,000 in raw materials were purchased on account b. $70,000 in raw materials were used in production of this amount, $60.000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $114,500 were paid in cash. Of this amount, $102,700 was for direct labor and the remainder was for Indirect labor d. Depreciation of $192,000 was incurred on factory equipment Required: Record the above transactions in journal entiles. (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 Total labor wages of $114,500 were paid in cash. of this amount, $102,700 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet