Jack Hammer Company completed the following transactions. The annual accounting period ends December 31.

Apr. 30	Received $600,000 from Commerce Bank after signing a 12-month, 6 percent, promissory note.
June6	Purchased merchandise on account at a cost of $75,000. (Assume a perpetual inventory system.)
July 15	Paid for the June 6 purchase.
Aug.31	Signed a contract to provide security service to a small apartment complex and collected six months fees in advance amounting to $24,000. (Use an account called Unearned Revenue.)
Dec. 31	Determined salary and wages of $40,000 were earned but not yet paid as of 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 security service. 1.)For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. 2.)For each item, indicate whether the debt-to-assets ratio is increased or decreased or there is no change, state the effect, numerator, and denominator for each. (Assume Jack Hammers debt-to-assets ratio is less than 1.0.)