Larned Corporation recorded the following transactions for the just completed month a $80,000 in raw materials were purchased on account b. $71,000 in raw materials were used in production of this amount, $62,000 was for direct materials and the remainder was for indirect materials Total labor wages of $112,000 were paid in cash Of this amount, $101,000 was for direct labor and the remainder was for indirect labor d. Depreciation of $175,000 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 $80,000 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 1 2 3 4 > $71,000 in raw materials were used in production of this amount, $62,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits General Journal Debit Credit Transaction b. Re entry Clear entry View general journal Journal entry worksheet