EZ Curb Company completed the following transactions. The annual accounting period ends December 31. Jan. 8 Purchased merchandise on account at a cost of $23,000. (Assume a perpetual inventory system. ) Jan. 17 Paid for the January 8 purchase. Apr. 1 Received $54,400 from National Bank after signing a 12-month, 15.0 percent, promissory note. June 3 Purchased merchandise on account at a cost of $27,000. 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 $11,400. (Use an account called Deferred Revenue.) Dec. 20 Collected $280 cash on account from a cus Dec. 31 Determined that wages of $10,100 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.) Required 1 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. Er or stockholders equity with a minus sign. Enter your answers in transaction order provided in the problem statement.) Assets Liabilities Stockholders' Equity Date Jan. 8 Jan. 17 Apr. 1 June 3 July 5 July 31 Dec. 20 Dec. 31 Dec. 31 Dec. 31 Required 1 Required 2 > Required 1 Required 2 For each transaction and related adjusting entry, indicate whether the debt-to-assets ratio is increased is no change. (Assume EZ Curb Company's debt-to-assets ratio has always been less than 1.0.) (Enter 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