1. Larned Corporation recorded the following transactions for the just completed month. a. $83,000 in
raw materlals were purchased on account. b. $81,000 in raw materlals were used in production. Of
this amount, $72,000 was for direct materlals and the remainder was for Indirect materials. c. Total
labor wages of $125,500 were paid in cash. Of this amount, $101,800 was for direct labor and the
remainder was for Indirect labor. d. Depreciation of $190,000 was Incurred on factory equipment.
Requlred: Record the above transactions in journal entrles. (If no entry Is required for a
transaction/event, select "No journal entry required" In the first account fleld.)Journal entry
worksheet $83,000 in rav materials were purchased on account. Note: Enter debits before
credits.Journal entry worksheet $81,000 in rav materials were used in production. Of this amount,
$72,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits
before credits.Journal entry worksheet Total labor wages of $125,500 were paid in cash. Of this
amount, $101,800 was for direct labor and the remainder was for indirect labor. Note: Enter debits
before credits.Journal entry worksheet 1 Depreciation of $190,000 was incurred on factory
equipment. Note: Enter debits before credits.