Jack Hammer Company completed the following transactions. The annual accounting period ends December 31 Apr. 30 Received $780,800 from Commerce Bank after signing a 12-month, 9.00 percent, promissory note. June 6 Purchased merchandise on account at a cost of $90,000. (Assume a perpetual inventory system.) July 15 Foid for the June 6 purchase. Aug. 31 sgned a contract to provide security service to a small apartment complex starting in September, and collected six months' fees in advance, amounting to $31,500. Dec. 31 Determined salary and wages of $55,000 were earned but not yet paid as of December 31 Cignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to security service. Required: 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. (Assume Jack Hammer's debt-to-assets ratio is less than 10.) Complete this question by entering your answers in the tabs below. Required Required 2 For each listed transaction and related adjusting entry, Indicate the accounts, amounts, and effects on the accounting equation. (Do not found intermediate cloution dollar. Enter any decreases to assets, abilities, or stockholders equity with a minus sign. Enter your answers in transaction order provided in the prblematement) Assets Liabilities Data Apr 30 June 6 July 15 Aug 31 Dec. 31 Dec 31 Dec 31 Required 1 Required 2 For each item, indicate whether the debt-to-assets ratio is increased or decreased or there is no change. (Assume Jack Hammer's debt-to-assets ratio is less than 1.0.) (Enter your answers in transaction order provided in the problern stateme Date Effect on Ratio Numerator Denominator Apr. 30 June 6 July 15 Aug. 31 Dec. 31 Dec 31 Dedi31