January arenased nercnanaise on account at a cost of 14,UUU. (Assume a perpetual inventory system. January 17 Paid for the January purchase. April 1 Received $40,000 from National Bank after signing a 12-month, 4 percent, promissory note. June 3 Purchased merchandise on account at a cost of $18,000. July 5 Paid for the Juse 3 purchase. July 31 Rented out a small office in a building owned by E2 Curb Company and collected six months' rent in advance, amounting to $6,000. (Use an account called Deferred Revenue.) December 20 Collected $100 cash on account from a customer. December 31 Determined that wages of $6,500 were earned but not yet paid on December 31 (Ignore payroll taxes). December 31 Adjusted the accounts at year-end, relating to interest. December 31 Adjusted the accounts at year-end, relating to rent. Required: 1. For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. 2. For each transaction and related adjusting entry, indicate whether the debt-to-assets ratio is increased or decreased or there is no change. (Assume EZ Curb Company's debt-to-assets ratio has always been less than 1.0.) Complete this question by entering your answers in the tabs below. Check my work Required 1 Required 2 For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. (Do not round intermediate calculations. Enter any decreases to ar stockholders equity with a minus sign. Enter your answers in transaction order provided in the problem statement.) Date January & January 17 April 1 June3 July July 31 December 20 December 201 December 31 December 31 December 31 Assets Liabilities 4 < Prev Next > . Stockholders' Equity