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EZ Curb Company completed the following transactions. The annual accounting period ends December 31. January 8 January 17 April I June 3 July 5 July 31 December 20 December December 3 i December 31 Purchased merchandise on account at a cost of 517.500. (Assume a perpetual inventory system.) Paid for the January 8 purchase. Received S45,600 from National Bank after signing a 12-month, 9S percent, promissory note. Purchased merchandise on acccnnt at a cost of 521,500. paid for the June 3 purchase. Rented a small office in a building owned by EZ Curb Company and collected six months' rent in advance. amounting to S8AOO. (Use an acccu_lnt called Deferred Revenue.) Collected S170 cash on account from a customer. Determined that wages of S7,900 were earned but not yet paid on December 31 (Ignore payroll taxes). Adjusted the acccnunts at year-end. relating to interest. Adjusted the accounts at year-end, relating to rent. 1 For transaction and related adjusting indicate accounts, and effects on the accounting 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 EZCurb Company's debt-to-assets ratio has always been less than 1.0.)