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Larned Corporation recorded the following transactions for the just completed month. a $71,000 in raw materials were purchased on account b. $69,000 in raw materials

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Larned Corporation recorded the following transactions for the just completed month. a $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. c Total labor wages of $127,000 were paid in cash. Of this amount, $102,600 was for direct labor and 32 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 es Journal entry worksheet 3 4 $71,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit a. 6 Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, sele No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Transaction General Journal Debit Credit b. K Prev 6 of 8 Next> View transaction list Journal entry worksheet 2 Total labor wages of $127,000 were paid in cash. Of this amount, $102,600 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction General Journal Debit Credit C. View transaction list Journal entry worksheet Depreciation of $195,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal

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