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Larned Corporation recorded the following transactions for the just completed month. $89,000 in raw materials were purchased on account. $87,000 in raw materials were used

Larned Corporation recorded the following transactions for the just completed month.

  1. $89,000 in raw materials were purchased on account.
  2. $87,000 in raw materials were used in production. Of this amount, $75,000 was for direct materials and the remainder was for indirect materials.
  3. Total labor wages of $107,000 were paid in cash. Of this amount, $102,000 was for direct labor and the remainder was for indirect labor.
  4. Depreciation of $191,000 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.)image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Question 1 - Homework 5 Char x C Get Homework Help With Cher x + + ezto.mheducation.com/ext/map/index.html?_con=con&external browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com%252F#... all o Paused Homework 5 Chapter 3 a Svech Help Save & Exit Submit Check my work 1 c. Total labor wages of $107.000 were paid in cash. Of this amount, $102,000 was for direct labor and the remainder was for indirect labor. d. Depreciation of $191,000 was incurred on factory equipment . 8.33 points 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.) Shipped View transaction list acok LOL Journal entry worksheet Hint 1 2 3 4 > $89,000 in raw materials were purchased on account. Print References Note: Enter debits before credits Transaction General Journal Debit Credit . Record entry Clear entry View general Journal Mc Graw Hill Prev 1 1 of 12 FHI Next > Question 1 - Homework 5 Char x C Get Homework Help With Cher x + + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com%252F#... a o Paused Homework 5 Chapter 3 Help Save & Exit Submit Check my work 1 c. Total labor wages of $107.000 were paid in cash. of this amount, $102,000 was for direct labor and the remainder was for indirect Or labor. . d. Depreciation of $191,000 was incurred on factory equipment. 8.33 points 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.) .) Skipped View transaction list acok TO Journal entry worksheet Print $87,000 in raw materials were used in production. Of this amount, $75,000 was for direct materials and the remainder was for indirect materials. References Note: Enter tegits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general Journal Mc Graw Hill Prev 1 1 of 12 FHI Next > Question 1 - Homework 5 Char x C Get Homework Help With Cher x + + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com%252F#... a o Paused Homework 5 Chapter 3 Help Save & Exit Submit Check my work 1 c. Total labor wages of $107.000 were paid in cash. of this amount, $102,000 was for direct labor and the remainder was for indirect Or labor. . d. Depreciation of $191,000 was incurred on factory equipment. 8.33 points 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.) .) Skipped View transaction lit acok Journal entry worksheet Print Total labor wages of $107,000 were paid in cash. Of this amount, $102,000 was for direct labor and the remainder was for indirect labor. a References Note: Encer debits before credits Transaction General Journal Debit Credit c. Record entry Clear entry View general Journal Mc Graw Hill Prev 1 1 of 12 FHI Next > Question 1 - Homework 5 Char x C Get Homework Help With Cher x + + ezto.mheducation.com/ext/map/index.html?_con=con&external browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com%252F#... all o Paused Homework 5 Chapter 3 a Svech Help Save & Exit Submit Check my work 1 c. Total labor wages of $107.000 were paid in cash. Of this amount, $102,000 was for direct labor and the remainder was for indirect labor. d. Depreciation of $191,000 was incurred on factory equipment . 8.33 points 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.) Skipped View transaction list acok Journal entry worksheet Depreciation of $191,000 was incurred on factory equipment. Print a References Note: Enter debits before credits General Journal Debit Credit Transaction d. Record entry Clear entry View general Journal Mc Graw Hill Prev 1 1 of 12 FHI Next >

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