Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr 30 Received $864,000 fron Commerce Bank after signing a 12-month, 8.00 percent, promissory note. Jana Purchased merchandise on account at a cost of $97,000. (Aare a perpetual inventory systen.) July 15 paid for the June 6 purchase. Aug. ) Signed a contract to provide security service to a small apartment complex starting in September, and collected six months' fees in advance, amounting to $35,000. Dec. 31 Determined salary and wages of $62,000 vere earned but not yet paid as of December 31 (ignore payroll taxes). Dec. 31 Mjusted the accounts at year-end, relating to interest. Dec. 31 Adjunted 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 1 Required For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. (Do not round Intermediate calculations dollar Enterary decreases to assets, abilities, or stockholders equity with a minus sign. Enter your answers in transaction order provided in the problem statement.) Assets Liabilities Stockholders' Equity Date A 30 June Ju 15 Aug 31 Dec al Dec Prey 1 of 1 Next Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr. 30 Received $864,000 from Commerce Bank after signing a 12-month, 8.00 percent, promissory note. June 6 Purchased merchandise on account at a cost of $97,000. (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 starting in September, and collected six months' fees in advance, anounting to $35,000. Dec. 31 Determined salary and wages of $62,006 vore 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. 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 1.0.) Complete this question by entering your answers in the tabs below. 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 problem statement.) Effect on Ratio Numerator Denominator Date Apr 30 June 6 July 15 Aug. 31 Dec. 31 Dec. 31 Dec 31