Jack Hammer Company completed the following transactions. The annual accounting period ends December 31 Apr. 30 Received $804,000 from Commerce Bank after signing a 12-month, 5.50 percent, promissory June 6 Purchased merchandise on account at a cost of $92,000. (Assume a perpetual inventory synten.) July 15 paid for the June 6 purchase. Aug. 31 signed a contract to provide security service to a small apartment completarting in September, and collected six months' fees in advance, amounting to $32,500. Dec. 31 Determined salary and wages of $57,000 were 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 Mjusted 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. Reed Required 2 Hound your answers to the nearest whole For each sted transaction and related adjusting entry indicate the accounts, amounts and effects on the accounting equation (Do not round Intermediate cautation dolar. Enter any decret a t or stockholders equity with a missionary transaction order provided in the protestatem ba Dec 31