Larned Corporation recorded the following transactions for the just completed month.

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Larned Corporation recorded the following transactions for the just completed month.
Lamed Corporation recorded the following transactions for the just completed month. a. $72,000 in raw materials were purchased on account. b. $70,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $109,500 were paid in cash. Of this amount, $103,500 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. Of 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 $72,000 in raw materials were purchased on account. Note: Enter debits before credits Prev 1 of 4 Next > Check my work

ok t nt inces VIEW LT ansaction fist Journal entry worksheet < 1 3 $70,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Transaction b. Record entry 4 General Journal Clear entry Debit Credit View general journal

View transaction ST Journal entry worksheet < 1 2 Transaction Total labor wages of $109,500 were paid in cash. Of this amount, $103,500 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. C. 30 Record entry 4 General Journal Clear entry Debit Credit View general journal

view transaction ST Journal entry worksheet < 1 2 Transaction d. 3 Depreciation of $194,000 was incurred on factory equipment. wwwwwwwwwww Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal