12. Curb Company completed the following vansactons. The annual eccounting peciod ends December 3! Sahasty 11 Tald for thin Ianuary i purchase. Juse 3 Tueelened en rehandise ee mocongt it a cost of 125,560. July 5 Thaid for the June 1 purehase. July a1 Reaced out a shall offlce in a buldalni oved by It corb coopany and oollected alx monthn' rant in advanct. khountilat to 110,300 . VGse sn actount ealled beterred levenoe, 1 becesber 20 collocted 5250 eats on sceount froo a cuatener. peckater 31 pecersined that wheed of $5,500 yere eateed hat not yet paid on becenber 31 (fgnore payro11. ama). Required: 1. For each fisted transoction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equabion. 2. For each transaction and reisted adjusting eecty, indicate whether the debt-to-assets ratlo is increased or decreased or thece is no change. (Assume EZ Curb Companys debt-to-assets ratio has always been less than 10 ). Complete this question by ontering your anwers in the tabs below. January 17 paid for the January \& purohase. Apr11 1 Received $52,000 from National Bank after signing a 12-month, 13.5 percent, promiesory note. June 3 Purchased merchandise on account at a cost of $25,500. Joly 5 paid for the June 3 purchase. July 31 Rented out a small office in a building owned by 8z curb company and collected aix months' rent amounting to $10,500. (Use an account called Deferred Revenue.) December 20 collected $250 cash on account from a custoeer. December 31 Determined that wages of $9,500 vere earned but not yet paid on December 31 (Ignore payroll taxes December 31 Adjusted the accounta at year-end, relating to interest. December 31 Adjusted the accounts at year-end, relating to rent. Required: 1. For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting eq 2. For each transaction and related adjusting entry, indicate whether the debt-to-assets ratio is increased or decreased or th change. (Assume EZ Curb Company's debt-to-assets ratio has always been less than 1.0.) Complete this question by entering your answers in the tabs below. For each transaction and related adjusting entry, Indicate whether the debt-to-assets ratio is increased or decreased or there is no change. (Assume EZ Curb Company's debt-to-assets ratio has always been less than 1,0.) (Enter your answers in transaction order provided in the problem statement.)