For General Journal have 4 option1. No journal entry required

2. Accounts payable

3. Account receivable

4. Accumulated depreciation

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.) Answer is complete but not entirely correct. No Transaction General Journal Debit Credit 1 a. 81,000 81,000 Accounts receivable Accounts payable Accounts payable No journal entry required No journal entry required No journal entry required 0X 0X 0X OX 2 b. 66,000 13,000 X 79,000 Accounts payable Accounts receivable Accumulated depreciation No journal entry required No journal entry required No journal entry required 0 X 0 0 3 C. 104,600 15,400 120,000 Accounts payable Accounts receivable Accumulated depreciation No journal entry required No journal entry required No journal entry required 0 0 4 d. X 198,000 198,000 Accounts payable Accumulated depreciation Accounts receivable No journal entry required No journal entry required No journal entry required 0X 0 X 0 0