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Larned Corporation recorded the following transactions for the just completed month a $85,000 in raw...

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Accounting

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Larned Corporation recorded the following transactions for the just completed month a $85,000 in raw materials were purchased on account b $83,000 in raw materials were used in production of this amount $75,000 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $110,500 were paid in cash Of this amount, $102,400 was for direct labor and the remainder was for indirect labor Depreciation of $198.000 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 4 $85,000 in raw materials were purchased on account. Note: Enter debits before credits Debit Credit Transaction General Journal a View general Journal Record entry Clear entry

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