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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, $70,000 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $108,500 were paid in cash. Of this amount, $102,400 was for direct labor and the remainder was for indirect labor. d. Depreciation of $195,000 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 $86,000 in raw materials were purchased on account. Note: Enter debits before credits Transaction General Journal Dobit Credit Prey 1 of 6 !!! Next > Journal entry worksheet $86,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general Journal Journal entry worksheet

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