Sereno Company makes pinatas for children's birthday parties, Information for Sereno's last six months of operation is listed below Required: Prepare the journal entries to record each of the following transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) (a) Purchased $8,900 of raw materials on credit (b) Issued $4,300 of direct materials into production, (c) Recorded $16,000 in direct labor. (d) Applied $16,600 in manufacturing overhead. (e) Completed pinatas costing $20.650. Recorded $18,300 in actual manufacturing overhead. (9) Sold pinatas for $47,300 that cost $18.100 to produce (assume that Sereno Company uses a perpetual Inventory system) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 Purchased $8,900 of raw materials on credit. Note: Enter debts before credits Transaction General Journal Debit Credit View transaction list Journal entry worksheet Issued $4,300 of direct materials into production. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal View transaction list Journal entry worksheet