Larned Corporation recorded the following transactions for the just completed month. a. Purchased $80,000 of raw materials on account. b. $71,000 in raw materials were used in production. Of this amount, $62,000 was direct materials and the remainder was indirect materials. c. Paid employees $112,000 cash. Of this amount, $101,000 was direct labor and the remainder was indirect labor. d. Depreciation of $175,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. Note: 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 1 2 3 4 $80,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry Clear entry View general journal