EZ Curb Company completed the following transactions. The annual accounting period ends December 31 Jan Purchased merchandise on account at a cost of $21,000. (Asse a perpetual Inventory system.) Jan 17 Paid for the Sanuary purchase Apr 1 Received $51,200 from National Bank after signing a 12-month, 13.0 percent promissory note June Turchased serchandise on account at a cost of $25,000 July 5 Paid for the June purchase. July 31 Rented out a small office in building owned by El Curb Company and collected six months' rent in advance, mounting to $10,200. (Use an account called Deferred Revenue.) Dec 20 Collected $2.40 cash on account from a customer Dec. 31 Determined that wages of 59,300 were earned but not yet paid on December 31 (Ignore payroll taxes) Dec. 31 Adjusted the accounts at year-end, relating to interest: Dec 1 Adjusted the accounts ot year-end, relating to rent. Required: 1. Prepare journal entries for each of the transactions through December 20 2. Prepare any adjusting entries required on December 31 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. Required: Required 2 Required Prepare journal entries for each of the transactions through December 20. (Do not round intermediate calculation. If no entry required for a transaction event, Welect "Ne Journal Entry Required in the first account fold) View transactions View journalily workahol No General Journal De Date January 1 Inventores Accounts Payable 21.000 21.000 2 January 17 Accounts Payable 21.000 Prov Required: 1. Prepare journal entries for each of the transactions through December 20. 2. Prepare any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare journal entries for each of the transactions through December 20. (Do not round intermediate calculation required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet Debit Credit 21,000 21.000 Record the purchase of inventory for $21,000 on account. 21.000 Record the payment for inventory in full. Record the borrowing of $51,200. 21,000 51.200 Record the purchase of inventory for $25,000 on account. 51.200 25,000 Record the payment for inventory in full. Record the collection of six months rent in advance amounting to $10,200. 25,000 25,000 Record the receipt of a deposit from a customer of $240. 25,000 Note: = journal entry has been entered Deferred Revenue 10.200 10.200 Record the wages earned, but not yet paid as of December 31. 2 Record the adjusting entry relating to interest 3. Record the adjusting entry relating to rent. Credit Note = Journal entry has been entered Record entry Clear entry View.generalfournal Required: 1. Prepare journal entries for each of the transactions through December 20, 2. Prepare any adjusting entries required on December 31, 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. Required: Required 2 Required Show how all of the abilities arising from these items are reported on the balance sheet at December 31. (Do not round Intermediate calculations.) EZ CURB COMPANY Balance Sheet (partial) At December 31 $ 0