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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

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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 Totat tabor wages of $112.000 were paid in cash. Of this amount, $101.000 was for direct labor and the remainder was for indirect d. Depreciation of $175,000 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 ist Journal entry worksheet $80,000 in raw materials were purchased on account. Notes Enter debits before credits Transaction General Journal Debit Credit View transaction list Journal entry worksheet 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 Transaction b Debit Credit Record entry Clear entry View general Journal View transaction list Journal entry worksheet 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. Note: Enter debits before credits Transaction General Journal Debit Credit C Record entry Clear entry View general Journal View transaction list Journal entry worksheet 2 3 Depreciation of $175,000 was incurred on factory equipment. Note: Enter debits before credits General Journal Debit Credit Transaction d. Record entry Clear entry View general journal

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