Ez Curb Company completed the following transactions. The annual accounting period ends December 31 January 8 Purchased merchandise on account at a cost of $18,500. (Assume a perpetual inventory system.) January 17 paid for the January 8 purchase. April 1 Received $47,200 from National Bank after signing a 12-month, 10.5 percent, promissory note. June 3 Purchased merchandise on account at a cost of $22,500. 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 $8,700. (Use an account called Deferred Revenue.) December 20 collected $190 cash on account from a custoner. December 31 Determined that wages of $8,360 were earned but not yet paid on December 31 (Ignore payroll taxes). Decenber 31 Adjusted the accounts at year-end, relating to interest. Decenber 31 Adjusted the accounts at 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 . repare journal entries for each of the transactions through December 20. (Do not round intermediate calculations. If no entry is equired for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 34567 Record the purchase of inventory for $18,500 on account. Note: Eriter detits before credits. 1 Record the purchase of inventory for $18,500 on account. 2 Record the payment for inventory in full. 3 Record the borrowing of $47,200. 4 Record the purchase of inventory for $22,500 on account. 5 Record the payment for inventory in full. 6 Record the collection of six months rent in advance amounting to $8,700. 7 Record the collection of $190 cash on account from a customer. Note : = journal entry has been entered Prepare any adjusting entries required on December 31 . (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the wages earned, but not yet paid as of December 31 . Note: Enter debits before credits. 1 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. Show how all of the liabilities arising from these items are reported on the balance sheet at Dece intermediate calculations.)