Cost Accounting: Larned Corporation recorded the following transactions for the just completed month

Larned Corporation recorded the following transactions for the just completed month.

Purchased $89,000 of raw materials on account.
$87,000 in raw materials were used in production. Of this amount, $74,000 was direct materials and the remainder was indirect materials.
Paid employees $122,500 cash. Of this amount, $100,600 was direct labor and the remainder was indirect labor.
Depreciation of $196,000 was incurred on factory equipment.
Required:
Record the above transactions in journal entries.

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