EZ Curb Company completed the following transactions. The annual accounting period ends December 31. Jan. 8 Purchased merchandise on account at a cost of $15,500. (Assume a perpetual inventory system. ) Jan. 17 Paid for the January 8 purchase. Apr. 1 Received $42,400 from National Bank after signing a 12-month, 7.5 percent, promissory note. June 3 Purchased merchandise on account at a cost of $19,500. 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 $6,900. (Use an account called Deferred Revenue.) Dec. 20 Collected $130 cash on account from a customer. Dec. 31 Determined that wages of $7,100 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.) For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. (Do not round intermediate calculations. E or stockholders equity with a minus sign. Enter your answers in transaction order provided in the problem statement.) Date Assets Liabilities Stockholders' Equity Jan. 8 Jan. 17 Apr. 1 June 3 July 5 July 31 Dec. 20 Dec. 31 Dec. 31 Dec. 31 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.) Effect on Ratio Numerator Denominator Date Jan. 8 Jan. 17 Apr. 1 June 3 July 5 July 31 Dec. 20 Dec. 31 Dec. 31 Dec. 31