EZ Curb Company completed the following transactions. The annual accounting period ends December 31 Jan. 8 Purchased merchandise on account at a cost of $25,000. (Assume a perpetual inventory system.) Jan. 17 Paid for the January 8 purchase Apr. 1 Received $57,600 from National Bank after signing a 12-month, 17.0 percent, promissory note June 3 Purchased merchandise on account at a cost of $29,000 July 5 Paid for the June 3 purchase. July 31 Rented out a small office in a building owned by EZ Curb Company and collected six months' rent in advance, amounting to $12,600. (Use an account called Deferred Revenue.) Dec. 20 Collected $320 cash on account from a customer Dec. 31 Determined that wages of $10,900 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest Dec. 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 equation 2. 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.) Complete this question by entering your answers in the tabs below Required Required 2 For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. (Do not round intermediate calculations. Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Enter your answers in transaction order provided in the problem statement.) abilities holders' Equity ate ets Jan. 8 Jan. 17 Apr. 1 June 3 July 5 July 31 Dec. 20 Dec, 31 Dec. 31 Dec, 31 Required Required 2> Complete this question by entering your answers in the tabs below. Required 1Required 2 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.) Date Effect on Ratio Numerator Denominator Jan. 8 Jan. 17 June 3 July 5 July 31 Dec. 20 Dec. 31 Dec. 31 Dec. 31 Required 1 Required 2