Question: For General Joural only have 4 options Please Do NoT write raw materials To record....and something Larned Corporation recorded the following transactions for the just
For General Joural only have 4 options
Larned Corporation recorded the following transactions for the just completed month. a. $81,000 in raw materials were purchased on account. b. $79,000 in raw materials were used in production. Of this amount, $66,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $120,000 were paid in cash. Of this amount, $104,600 was for direct labor and the remainder was for indirect labor. d. Depreciation of $198,000 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.) Journal entry worksheet 1 2 3 $81,000 in No journal entry required Accounts payable Accounts receivable Accumulated depreciation Note: Enter deb Transaction Debit Credit a 81,000 81,000 Accounts receivable Accumulated depreciation No journal entry required No journal entry required No journal entry required No journal entry required Record entry Clear entry View general Journal In production. Of this amount, $66,000 was for direct materials and the remainder was for indirect materials. Note: Enter debits before credits. Transaction Debit Credit b. 66,000 13,000 General Journal Accounts payable Accounts receivable Accumulated depreciation No journal entry required No journal entry required No journal entry required 79,000 O O 0 Record entry Clear entry View general Journa Prav 1 of 5 Navt 28
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