value: 2.00 points PA10-1 Determining Financial Effects of Transactions Affecting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio [LO 10-2, LO 10-5] Jack Hammer Company completed the following transactions. The annual accounting period ends December 31 Apr. 30 Received $900,000 from Commerce Bank after signing a 12-month, 6 percent, promissory note. Purchased merchandise on account at a cost of $100,000. (Assume a perpetual inventory system.) June 6 July 15 Paid for the June 6 purchase. Aug. 31 Dec. 31 Dec. 31 Signed a contract to provide security service to a small apartment complex and collected six months'fees in advance amounting to $36,500. (Use an account called Unearned Revenue.) Determined salary and wages of $65,000 were earned but not yet paid as of December 31 (ignore payroll taxes) Adjusted the accounts at year-end, relating to interest. Adjusted the accounts at year-end, relating to security service. Dec. 31 Required: 1. 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 account balances with a minus sign. Enter your answers in transaction order provided in the problem statement.)