Business, 28.05.2021 17:40 knela

Larned Corporation recorded the following transactions for the just completed month. $84,000 in raw materials were purchased on account. $82,000 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 $130,000 were paid in cash. Of this amount, $101,700 was for direct labor and the remainder was for indirect labor. Depreciation of $190,000 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 4 $86,000 in raw materials were purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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Larned Corporation recorded the following transactions for the just completed month. $84,000 in raw...

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