Question: :ercise 3 - 1 ( Algo ) Prepare Journal Entries [ LO 3 - 1 ] ned Corporation recorded the following transactions for the just

 :ercise 3-1(Algo) Prepare Journal Entries [LO3-1] ned Corporation recorded the following

:ercise 3-1(Algo) Prepare Journal Entries [LO3-1]
ned 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, $75,000 was for direct materials and the remainder was for indirect materials.
Total labor wages of $117,000 were paid in cash. Of this amount, $102,600 was for direct labor and the remainder was for indirect labor.
Depreciation of $199,000 was incurred on factory equipment.
quired:
cord the above transactions in journal entries. (If no entry is required for a nsaction/event, select "No journal entry required" in the first account field.)
Journal entry worksheet
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$84,000 in raw materials were purchased on account.
Note: Enter debits before credits.
\table[[Transaction,General Journal,Debit,Credit],[a.,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
Please answer all parts
transactions for the just completed month. $84,000 in raw materials were purchased

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