Larned Corporation recorded the following transactions for the just completed month. a. $86,000 in raw materials were purchased on account. b. $84,000 in raw materials were used in production. Of this amount, $76,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $128,000 were paid in cash, Of this amount, $104,800 was for direct labor and the remainder was for indirect labor. d. Depreciation of $194,000 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.) Journal entry worksheet $86,000 in raw materials were purchased on account. Note: Enter debits before credits. quired: cord the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in e first account field.) Journal entry worksheet Depreciation of $194,000 was incurred on factory equipment. Note: Enter debits before credits. Larned Corporation recorded the following transactions for the just completed month. a. $86,00C in raw materials were purchased on account. b. $84,000 in raw materials were used in production. Of this amount, $76,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $128,000 were paid in cash. Of this amount, $104,800 was for direct labor and the remainder was for indirect labor. d. Depreciation of $194,000 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.) Journal entry worksheet $84,000 in raw materials were used in production. Of this amount, $76,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Larned Corporation recorded the following transactions for the just completed month. a. $86,00C in raw materials were purchased on account. b. $84,000 in raw materials were used in production. Of this amount, $76,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $128,000 were paid in cash. Of this amount, $104,800 was for direct labor and the remainder was for indirect labor. d. Depreciation of $194,000 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.) Journal entry worksheet 4 Total labor wages of $128,000 were paid in cash. Of this amount, $104,800 was for direct labor and the remainder was for indirect labor. Notei Enter debuts before credits