Larned Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $78,000 in raw materials were used in production. Of this amount, $70,000 was for direct materials and the remainder was for indirect materials. C. Total labor wages of $115,000 were paid in cash. Of this amount, $100,600 was for direct labor and the remainder was for indirect labor. d. Depreciation of $193,000 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 Journal entry worksheet 1 2 3 4 > $80,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Larned Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $78,000 in raw materials were used in production. Of this amount, $70,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $115,000 were paid in cash. Of this amount, $100,600 was for direct labor and the remainder was for indirect labor. d. Depreciation of $193,000 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 Journal entry worksheet $78,000 in raw materials were used in production. Of this amount, $70,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal Larned Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $78,000 in raw materials were used in production. Of this amount, $70,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $115,000 were paid in cash. Of this amount, $100,600 was for direct labor and the remainder was for indirect labor. d. Depreciation of $193,000 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 Journal entry worksheet Total labor wages of $115,000 were paid in cash. of this amount, $100,600 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. General Journal Debit Credit Transaction c. Record entry Clear entry View general journal Larned Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $78,000 in raw materials were used in production. Of this amount, $70,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $115,000 were paid in cash. Of this amount, $100,600 was for direct labor and the remainder was for indirect labor. d. Depreciation of $193,000 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 Journal entry worksheet Depreciation of $193,000 was incurred on factory equipment. Note: Enter debits before credits. General Journal Debit Credit Transaction d. Record entry Clear entry View general journal