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Larned Corporation recorded the following transactions for the just completed month. a. Purchased $85,000 of raw materials on account. b. $83,000 in raw materials were used in production. Of this amount, $70,000 was direct materials and the remainder was in materials. c. Paid employees $109,000 cash. Of this amount, $100,100 was direct labor and the remainder was indirect labor. d. Depreciation of $199,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet $85,000 in raw materials were purchased on account. Note: Enter debits before credits. Larned Corporation recorded the following transactions for the just completed month. a. Purchased $85,000 of raw materials on account. b. $83,000 in raw materials were used in production. Of this amount, $70,000 was direct materials and the remainder v materials. c. Paid employees $109,000 cash. Of this amount, $100,100 was direct labor and the remainder was indirect labor. d. Depreciation of $199,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet $83,000 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. arned Corporation recorded the following transactions for the just completed month. Purchased $85,000 of raw materials on account. $83.000 in raw materials were used in production. Of this amount, $70,000 was direct materials and the remainder was indirect materials. Paid employees $109,000 cash. Of this amount, $100,100 was direct labor and the remainder was indirect labor. Depreciation of $199,000 was incurred on factory equipment. lequired: ecord the above transactions in journal entries. lote: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Total labor wages of $109,000 were paid in cash. Of this amount, $100,100 was for direct labor and the remainder was for indirect labor. Note: Enter debits before credits. Larned Corporation recorded the following transactions for the just completed month. a. Purchased $85,000 of raw materials on account. b. $83,000 in raw materials were used in production. Of this amount, $70,000 was direct materials and the remainder was indire materials. c. Paid employees $109,000 cash. Of this amount, $100,100 was direct labor and the remainder was indirect labor. d. Depreciation of $199,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Note: Enter debits before credits

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