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

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Accounting

Larned Corporation recorded the following transactions for the just completed month.
$83,000 in raw materials were purchased on account.
$81,000 in raw materials were used in production. Of this amount, $73,000 was for direct materials and the remainder was for indirect materials.
Total labor wages of $121,500 were paid in cash. Of this amount, $101,400 was for direct labor and the remainder was for indirect labor.
Depreciation of $197,000 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.)

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