Unit 2 Problems Saved Larned Corporation recorded the following transactions for the just completed month. a. $82,000 in raw materials were purchased on account. Help Save & Exit Check m b. $80,000 in raw materials were used in production. Of this amount, $67,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $113,500 were paid in cash. Of this amount, $101,500 was for direct labor and the remainder was for indirect labor. d. Depreciation of $199,000 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" the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 $82,000 in raw materials were purchased on account. < Prev 1 of 10 Next > Journal entry worksheet < 1 2 3 4 $82,000 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 Journal entry worksheet < 1 3 4 $80,000 in raw materials were used in production. Of this amount, $67,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Transaction b. General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 4 Total labor wages of $113,500 were paid in cash. Of this amount, $101,500 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Transaction C. General Journal Debit Credit > Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 Depreciation of $199,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction d. General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 Depreciation of $199,000 was incurred on factory equipment. Note: Enter debits before credits. Transaction d. General Journal Debit Credit Record entry Clear entry View general journal